Deckers Outdoor Cuts Outlook on Shoe Revenue. Why Investors See a Bad Fit. -- Barrons.com

By Janet H. Cho

Deckers Brands, maker of footwear brands Hoka, Ugg, and Teva, lowered its revenue outlook for the year, sending its stock lower in after-hours trading despite reporting record revenue for the second quarter.

Deckers' stock was down 8% to $78.49 late Thursday afternoon, after closing down 0.3% at $85.28 in regular trading.

For its second fiscal year ended in September, Deckers said revenue rose to a record $1.48 billion, while earnings rose to $2.31 a share, including 28 cents a share from trade tariff refunds received in the quarter.

But investors were focused on its full fiscal year outlook for revenue of $5.7 billion to $5.75 billion.

That's down from its previous full-year guidance of $5.86 billion to $5.91 billion, issued as part of its first-quarter earnings on July 23.

This is a developing story. Please check back for further updates soon.

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October 22, 2026 17:13 ET (21:13 GMT)