Deckers Outdoor Facing Downside Due to Cautious Consumer Outlook

2 days ago

Valerie Titel

"Now, there are some stocks in the red this morning, including uh Deckers Outdoor after earnings. I guess investors are saying UGG. Yes, they are. Deckers, the maker of Hoka running shoes and UGG boots, as you mentioned, is in the red, down 13%. They did lower their guidance and the company is saying they are seeing some effects of tariffs on the US consumer. The CFO said that Deckers expects consumers to act increasingly cautious over the next few months and that of course includes the key holiday season. So they are expecting a cautious consumer ramping up into the holiday season which is not great uh for Decker's outlook and the shares are down 13%."

Deckers Outdoor is under pressure following an earnings report that lowered guidance amid concerns over the impact of tariffs and a cautious consumer outlook heading into the holiday season, as reflected by a 13% decline in shares.

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