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Major U.S. equities indexes advanced at midday, with the S&P 500 on track to set a record high every day this week, after a slew of strong earnings reports and amid optimism about U.S. trade deals. The Dow and Nasdaq also gained.
Deckers shares have been beaten down this year in the face of macroeconomic uncertainty.
Deckers Outdoor (DECK) was the best-performing stock in the S&P 500 in morning trading when the footwear maker easily beat profit and sales forecasts and gave solid guidance on strong demand for its Ugg and Hoka brand shoes overseas.
Deckers Outdoor Corp (NYSE:DECK) shares surged almost 17% after the footwear company delivered strong financial results for the fiscal first quarter, led by strong sales of its HOKA and UGG brands. For Q1, revenue was up 16.9% to $964.5 million, ahead of Wall Street estimates of $919 million.
Stock futures are little changed after the Nasdaq and S&P 500 hit record highs yesterday; U.S. regulators cleared Paramount's (PARA) merger with Skydance Media; Intel (INTC) shares are plunging after the chipmaker posted a surprise loss; Deckers Outdoor (DECK) is rising after the footwear maker reported a jump in revenue; and miner Newmont (NEM) reported rising profits with higher gold prices. Here's what investors need to know today.
Deals with the European Union and India could be announced soon.
The blue-chip Dow followed its +500-point Wednesday by selling off -316 points Thursday.
Deckers Outdoor Corporation (NYSE:DECK ) Q1 2026 Earnings Conference Call July 24, 2025 4:30 PM ET Company Participants Erinn Kohler - Vice President of Investor Relations & Corporate Planning Stefano Caroti - CEO, President & Director Steven J. Fasching - Chief Financial Officer Conference Call Participants Adrienne Eugenia Yih-Tennant - Barclays Bank PLC, Research Division Jay Daniel Sole - UBS Investment Bank, Research Division John David Kernan - TD Cowen, Research Division Jonathan Robert Komp - Robert W.
Deckers (DECK) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.75 per share a year ago.
Deckers's stock jumped 15% after hours on Thursday after the footwear maker reported fiscal first-quarter results that beat estimates, helped by big gains in its Hoka sneakers and Ugg shoes.