Deckers Outdoor Corp (NYSE:DECK) reported better-than-expected fourth-quarter financial results for fiscal 2025 after the market close on Thursday.
Deckers reported fourth-quarter revenue of $1.02 billion, beating analyst estimates of $1.01 billion. The casual footwear and apparel company reported fourth-quarter earnings of $1 per share, beating analyst estimates of 59 cents per share, according to Benzinga Pro.
"While the global trade environment has introduced greater near-term uncertainty, we are very confident in the exciting opportunities ahead for HOKA and UGG," said Stefano Caroti, president and CEO of Deckers Outdoor.
Deckers also announced that it appointed Cynthia Davis as board chair, effective immediately. Davis will replace Michael Devine, who is retiring after 14 years.
Deckers expects first-quarter revenue of $890 million to $910 million versus estimates of $925.86 million. The company anticipates first-quarter earnings of 62 cents to 67 cents per share versus estimates of 81 cents per share.
Deckers also noted that it is holding back full-year guidance, citing "macroeconomic uncertainty related to evolving global trade policies."
Deckers shares fell 19.4% to $101.54 on Friday.
These analysts made changes to their price targets on Deckers following earnings announcement.
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