Deckers Outdoor shares dash ahead on surging demand for Hoka shoes

Reuters

Deckers Outdoor (DECK) shares jumped about 11% on Friday after the shoemaker raised its annual sales forecast betting on strong demand for its shoes and boots during the crucial holiday season.

“Deckers continues to deliver strong results in an uncertain macro operating environment, speaking to its strong market position with a healthy brand portfolio that can continue to drive growth longer-term,” Dana Telsey, analyst with Telsey Advisory Group said.

To view the full article, please click on the following link:

Visit Content