All articles tagged with #deckers outdoor
Major U.S. indices closed higher, with notable stock movements including Intel's surge after strong earnings, Scienture Holdings' significant jump on FDA approval, Ford's earnings beat, Deckers Outdoor's mixed results, and Super Micro Computer's decline following a disappointing revenue forecast, reflecting varied investor reactions to quarterly reports and company news.
Deckers Outdoor stock surged past $1,000 per share after reporting strong fiscal Q4 2024 results, with net sales up 21% year-over-year and full-year sales up 18%. The company's popular Hoka and Ugg brands contributed to its impressive growth, and management expects continued growth in fiscal 2025. Despite the high stock price, Deckers is considered fairly valued given its ongoing growth and improved profit margins.
Super Micro Computer, Deckers Outdoor, and Macy's are among the stocks making significant moves in premarket trading.
Wall Street is bullish on four stocks in 2024: Deckers Outdoor, MercadoLibre, Nvidia, and Novo Nordisk. These stocks have strong technical ratings and rising profit estimates, with NVDA and NVO stocks entering buy zones. Deckers Outdoor shows steady sales and phenomenal earnings growth, while MercadoLibre and Novo Nordisk also exhibit strong sales and earnings growth. Nvidia is at an all-time high with high profit estimates. All four companies are near all-time highs, and more funds have been buying their shares over the past several quarters.
The Hoka shoes, known for their chunky and colorful design, have become a billion-dollar sensation in the footwear industry. Deckers Outdoor, the company that owns Hoka, has seen a surge in sales and stock prices thanks to the popularity of the shoes. Despite their unconventional appearance, the Hoka shoes have gained a loyal following among runners and fashion enthusiasts alike.