Weak Forecasts Drag Deckers (DECK) Shares

1 day ago

Nora Melinda

"So, Deckers, ticker deck, we're seeing shares down on pace to close at the lowest level in almost two years, falling as much as 15%. This is because the company reported a weak 2026 sales forecast. We were even seeing, of course, we know this is the owner of Uggs and Hoka as you mentioned here. But we are seeing peer holdings falling as well in sympathy and analysts are really saying in terms of Deckers here that the outlook may be conservative particularly coming from management here. They're saying that this reflects management's cautious view on US consumer spending amid tariff driven price hikes. So not that great right now. I mean especially year-to-date if you look at shares of Deckers down 56%."

The speaker explains that Deckers is facing significant headwinds with shares falling up to 15% intraday and a 56% drop year-to-date, driven by a weak 2026 sales forecast and a conservative management outlook on US consumer spending impacted by tariff-driven price hikes.

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