Key Takeaways Soaring demand for Hoka brand shoes helped Deckers Outdoor post better-than-expected earnings and revenue for the second quarter, sending its stock higher Friday.Hoka sales gained nearly 35% year-over-year,

Shares of Deckers Outdoor climbed Friday after the company raised its outlook for the year on the strength of its Hoka brand and several banks including Wells Fargo and UBS raised their target prices.

The popularity of its UGG boots and HOKA running shoes energized Deckers Outdoor (NYSE:DECK) and sent shares higher by double-digits on Friday in the wake of upbeat Q3 results. The rally spilled over into shares of On Holdings (ONON),

Deckers Outdoor beat Wall Street estimates for second-quarter results and raised its annual sales forecast on Thursday, on the back of strong demand for its brands UGG boots and Hoka running shoes.

Deckers stock was up 14% to $173.31 in the Friday premarket. The stock is up 36% so far this year, outperforming the benchmark S&P 500 which is up 22% over the same period. The Ho

Deckers Outdoor Corporation DECK witnessed a 13.6% jump in its share price during the after-market trading session yesterday. This rally was in response to the company's outstanding second-quarter performance and an upbeat fiscal 2025 forecast.

Deckers (NYSE:DECK) saw its stock surge more than 14% in premarket trading Friday after the footwear company reported second-quarter earnings that significantly exceeded analyst expectations and raised its full-year guidance.

The company reported net sales in fiscal Q2 increased 20.1 percent to $1.3 billion, compared with $1.1 billion the same time last year.

The continued popularity of its UGG boots and Hoka sneakers drove better-than-expected sales for Deckers Outdoor Corp (NYSE:DECK) and led the company to hike its sales outlook for FY25. Strength in both its DTC and wholesale channels boosted overall sales by 20% to $1.