U.S. markets closed
  • S&P 500

    3,825.33
    +39.95 (+1.06%)
     
  • Dow 30

    31,097.26
    +321.86 (+1.05%)
     
  • Nasdaq

    11,127.84
    +99.14 (+0.90%)
     
  • Russell 2000

    1,727.76
    +19.77 (+1.16%)
     
  • Crude Oil

    110.39
    +1.96 (+1.81%)
     
  • Gold

    1,806.60
    +5.10 (+0.28%)
     
  • Silver

    19.84
    +0.18 (+0.91%)
     
  • EUR/USD

    1.0426
    0.0000 (-0.00%)
     
  • 10-Yr Bond

    2.8890
    0.0000 (0.00%)
     
  • GBP/USD

    1.2099
    -0.0004 (-0.04%)
     
  • USD/JPY

    135.7060
    +0.5310 (+0.39%)
     
  • BTC-USD

    19,769.71
    +710.17 (+3.73%)
     
  • CMC Crypto 200

    428.57
    +8.43 (+2.01%)
     
  • FTSE 100

    7,232.65
    +64.00 (+0.89%)
     
  • Nikkei 225

    26,153.81
    +218.19 (+0.84%)
     

Deckers Outdoor Stock Jumps. Thank Strong UGG Sales for That.

·1 min read
Deckers Outdoor Stock Jumps. Thank Strong UGG Sales for That.
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Deckers Outdoor jumped nearly 15% in premarket trading, after posting both revenue and net income that surpassed Wall Street’s expectations for its fiscal fourth-quarter and full-year 2022 results, thanks to strong consumer demand. The company (ticker: DECK), which is the parent of shoe brands including UGGs, Teva, and HOKA ONE ONE, reported revenue Thursday after the closing bell of $736 million from $561.2 million for the same period last year. Global UGG revenue increased 15% from last year to $1.9 billion.