Deckers Outdoor Corporation (DECK) is trading at $118.01 (down 0.74%), extending a pullback despite reporting strong Q3 fiscal 2026 results and raising its full-year guidance.
- Quarterly revenue grew 7.1% to $1.96B, driven by an 18.5% surge in Hoka brand sales to $628.9M.
- The stock's movement tracks a broader market decline and retail sector concerns following Walmart's weak fiscal 2027 forecast.
- The company continues to see strong brand performance from both Ugg and Hoka, which anchored the recent earnings beat.