Market Overview

Deckers Outdoor Falls Nearly 20%; Footwear Names To Watch

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Shares of Deckers Outdoor Corp (NYSE: DECK) were hammered Friday after the company missed Q3 expectations and cut its outlook. The company's shares recently traded at $66.91, down 18.6 percent.

Other footwear names fell amid the news and investors may want to keep a watch on upcoming earnings reports.

Crocs, Inc. (NASDAQ: CROX) recently traded at $10.64, down 1.21 percent. Crocs reports Q4 earnings on February 18.

Steven Madden, Ltd. (NASDAQ: SHOO) fell 1.85 percent to $34.52 amid the news and will report Q4 earnings on February 23, but provided strong guidance on January 9.

Wolverine World Wide, Inc. (NYSE: WWW) traded lower on Friday, down 1.89 percent to $28.60. The company will report Q4 results on February 17.

Skechers USA Inc (NYSE: SKX) recently traded at $60.84, down 3 percent, and will report Q4 results on February 10.

Foot Locker, Inc. (NYSE: FL) fell 1.53 percent Friday to $53.52. The company will report Q4 earnings on March 5.

Shares of Brown Shoe Company, Inc. (NYSE: BWS) were hit harder than the other names following the news and recently traded at $28.86, down 4.1 percent. The company reports Q4 earnings on March 12.

Finish Line Inc (NASDAQ: FINL) was also impacted more than some of the other footwear names and fell 3.1 percent to $23.70. The company reports earnings on March 26.

DSW Inc. (NYSE: DSW) recently traded at $35.47, down 2.1 percent. The company will report its Q4 results on March 16.

 

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