Deckers Stock Sinks As Tariffs Hurt Guidance, Adding To Industry's Woes

Published 2 weeks ago Negative
Deckers Stock Sinks As Tariffs Hurt Guidance, Adding To Industry's Woes
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Shares of Deckers Outdoors — the parent company of shoe brands like Hoka, Teva and UGG — sank dramatically Friday after the company reported quarterly earnings and gave weak guidance. In morning trading, Deckers fell 12% in heavy volume to a two-year low. Investors worried that an economic slowdown from tariffs and wavering consumer confidence will hurt the company's sales.

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