Why Deckers Outdoor Stock Got Hammered Today

Shares of shoe company Deckers Outdoor (NYSE: DECK) got hammered on Friday after the company reported financial results for its fiscal third quarter of 2025. As of 1:30 p.m. ET, Deckers stock was down 17%.I believe the story here is that expectations for Deckers were just too high. There's nothing problematic in the numbers. The company's Q3 net sales jumped 17% year over year to over $1.8 billion, ahead of analysts' expectations. And its Q3 earnings per share (EPS) of $3 were up 19% and also ahead of estimates.Deckers also has provided full-year guidance for its fiscal 2025. And with its Q3 report, management held some parts of the guidance the same but raised most aspects of the guidance. For example, it was expecting full-year net sales growth of 12% but now it expects 15% growth. Likewise, guidance for its gross margin increased from 55.5% at best to 57% at worst.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool