Deckers cuts sales outlook as shoppers seek out discounted shoes
Deckers cut its fiscal 2027 sales forecast to $5.700 billion to $5.725 billion, from $5.86 billion to $5.91 billion, after fiscal second-quarter sales rose 3.5% to $1.481 billion and missed estimates. Diluted earnings rose to $2.31 a share from $1.82, including about $0.28 from tariff refunds, while the company raised its full-year earnings forecast to $7.80 to $7.95 a share.