We recently published a list of 10 Firms That Led Bloodbath Today. In this article, we are going to take a look at where Deckers Outdoor Corporation (NYSE:DECK) stands against other Friday’s worst-performing stocks.
Deckers Outdoor Corp. tumbled by 19.86 percent on Friday to finish at $101.05 apiece as investors sold off positions following the lack of outlook guidance for the next fiscal year.
While the company highlighted its strong performance in the fourth quarter and fiscal year 2025, it only said it remains confident in exciting opportunities ahead.
“While the global trade environment has introduced greater near-term uncertainty, we are very confident in the exciting opportunities ahead for HOKA and UGG. We view these brands as industry leaders, each with iconic and innovative products that operate in differentiated marketplaces,” said Deckers Outdoor Corporation (NYSE:DECK) President and CEO Stefano Caroti.
“Alongside Deckers’ superb balance sheet, this positions us well to manage through the near-term with a focus on the long-term,” he added.
A customer browsing a retail store, finding the perfect footwear for their casual outfits.
In the fourth quarter of fiscal year 2025, net income grew by 19 percent to $151 million from $127 million registered in the same period last year. Net sales, on the other hand, rose by 6 percent to $1.022 billion from $960 million year-on-year.
For the full-year period, net income grew by 27 percent to $966 million from $760 million, while net sales rose by 16 percent to $4.985 billion from $4.287 billion year-on-year.
Overall, DECK ranks 1st on our list of Friday’s worst-performing stocks. While we acknowledge the potential of DECK, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DECK and that has 100x upside potential, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.