Deckers Outdoor (DECK) Stock Drops 17% Despite Earnings Beat – Here’s Why

TLDR Telsey Advisory lowered its price target on DECK to $105 from $120 while maintaining a Market Perform rating UGG’s direct-to-consumer sales declined, marking the second DTC drop in five and a half years HOKA brand shows accelerating growth in direct-to-consumer channels and strong wholesale order books Deckers beat Q2 earnings expectations with $1.82 EPS [...]

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