Deckers Cuts Sales Outlook as Shoppers Seek Discounts
Executives said cautious consumer spending slowed sales of Hoka sneakers and Ugg shoes in the latest quarter.
Shoppers are increasingly seeking discounts, but Deckers Outdoor does not plan to offer them. Company executives said consumers are growing more cautious with their spending. That contributed to slower sales of Hoka sneakers and Ugg shoes in the latest quarter. How…