Deckers Outdoor is trading 4.1% up now at $101.73 as the stock continues to rebound following its recent earnings release and updated outlook.
- Sentiment has improved as investors refocus on the company's raised full-year EPS guidance and resilient margins, offsetting earlier concerns regarding a cautious annual sales view.
- The stock is also benefiting from broader strength in the consumer discretionary sector as easing oil prices provide a tailwind for the industry.