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Deckers shares soar 15% as UGG and HOKA drive record Q3 earnings
['Rachael Rajan', 'Thu', 'January', 'At Pm Gmt', 'Min Read']
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Investing.com -- Deckers Brands (NYSE: DECK) shares surged 15% after the footwear company reported third-quarter fiscal 2026 results that significantly exceeded analyst expectations, driven by strong demand for its UGG and HOKA brands.
The company posted record third-quarter revenue of $1.96 billion, up 7.1% YoY and beating the analyst consensus of $1.87 billion.
HOKA brand sales jumped 18.5% to $628.9 million, while UGG brand revenue grew 4.9% to $1.31 billion.
"Deckers produced record revenue and earnings per share in the third quarter, driven by the significant global demand for UGG and HOKA," said Stefano Caroti, President and Chief Executive Officer.
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