Deckers Outdoor shares rose 3.53%, maintaining strong momentum following its blowout Q3 earnings report and subsequent guidance raise, bolstered by ongoing product innovation.
- The sustained investor confidence is partly attributed to the recent launch of the high-performance HOKA Speedgoat 7 trail running shoe.
- The new product launch solidifies HOKA's market position and supports management’s projected mid-teens growth for the brand in fiscal 2027.