UGG, HOKA Parent Deckers Reports Q1 Double Beat, Raises EPS Guidance — Stock Falls Anyway
Deckers Outdoor shares are trading lower Friday. The company reported first-quarter financial results on Thursday after the market closed.
Deckers did better than expected in Q1 and promised even better earnings ahead, which is normally great news. But the stock price went down anyway, which might mean investors were hoping for something even bigger or are worried about what comes next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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