Deckers stock was up 14% to $173.31 in the Friday premarket. The stock is up 36% so far this year, outperforming the benchmark S&P 500 which is up 22% over the same period. The Ho

Deckers Outdoor beat Wall Street estimates for second-quarter results and raised its annual sales forecast on Thursday, on the back of strong demand for its brands UGG boots and Hoka running shoes.

The company reported net sales in fiscal Q2 increased 20.1 percent to $1.3 billion, compared with $1.1 billion the same time last year.

The continued popularity of its UGG boots and Hoka sneakers drove better-than-expected sales for Deckers Outdoor Corp (NYSE:DECK) and led the company to hike its sales outlook for FY25. Strength in both its DTC and wholesale channels boosted overall sales by 20% to $1.