🔴 Deckers Outdoor is trading 9.71% down in pre-market after cutting full-year revenue outlook

Deckers Outdoor is trading at $77.00, down 9.71% in pre-market on October 23 after cutting its full-year revenue outlook.

• Fiscal Q2 revenue was $1.48 billion, below the $1.51 billion estimate.
• Full-year revenue outlook is $5.70–$5.725 billion, versus $5.88 billion consensus.
• Reuters reported shares fell 8% in extended trading after results, linking the reaction to sales pressure and aggressive rival discounting. The $2.31 EPS beat and raised earnings outlook were aided by tariff refunds.