Deckers Outdoor Q2 earnings of $1.31bn exceeded estimates, with HOKA sales up 34.7% and UGG up 13%, and shares up 9% post announcement.

Deckers Outdoor, parent of HOKA and UGG, reported Q2 earnings of $1.31 billion, exceeding estimates of $1.2 billion, with a 20.1% year-over-year increase. Earnings per share reached $1.59, surpassing the expected $1.23. HOKA sales surged 34.7%, while UGG rose 13%. The company anticipates a 12% revenue growth for fiscal 2025, targeting $4.8 billion. Shares climbed 9% after the announcement, reflecting strong consumer demand.