Footwear Stocks Q1 Recap: Benchmarking Deckers (NYSE:DECK)

Yahoo

4 hours ago

Wrapping up Q1 earnings, we look at the numbers and key takeaways for the footwear stocks, including Deckers (NYSE:DECK) and its peers.
Before the advent of the internet, styles changed, but consumers mainly bought shoes by visiting local brick-and-mortar shoe, department, and specialty stores. Today, not only do styles change more frequently as fads travel through social media and the internet but consumers are also shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some footwear companies have made concerted efforts to adapt while those who are slower to move may fall behind.
The 8 footwear stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 1.4% while next quarter's revenue guidance was in line.
While some footwear stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.2% since the latest earnings results.
Established in 1973, Deckers (NYSE:DECK) is a footwear and apparel conglomerate with a portfolio of lifestyle and performance brands.
Deckers reported revenues of $1.02 billion, up 6.5% year on year. This print exceeded analysts' expectations by 2.4%. Overall, it was a strong quarter for the company with an impressive beat of analysts' constant currency revenue and EPS estimates.
'Deckers delivered another exceptional year of results in fiscal 2025, highlighted by the HOKA and UGG brands' respective revenue growth of 24% and 13%, as well as record earnings per share,' said Stefano Caroti, President and Chief Executive Officer.
Unsurprisingly, the stock is down 19.8% since reporting and currently trades at $101.22.
We think Deckers is a good business, but is it a buy today? Read our full report here, it's free.
Originally selling Japanese Onitsuka Tiger sneakers as Blue Ribbon Sports, Nike (NYSE:NKE) is a global titan in athletic footwear, apparel, equipment, and accessories.
Nike reported revenues of $11.27 billion, down 9.3% year on year, outperforming analysts' expectations by 2.3%. The business had a stunning quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates.
The market seems unhappy with the results as the stock is down 15.2% since reporting. It currently trades at $60.91.
Is now the time to buy Nike? Access our full analysis of the earnings results here, it's free.
The owner of Dr. Scholl's, Caleres (NYSE:CAL) is a footwear company offering a range of styles.
Caleres reported revenues of $614.2 million, down 6.8% year on year, falling short of analysts' expectations by 1.3%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income and EPS estimates.
Caleres delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 24.5% since the results and currently trades at $12.37.
Read our full analysis of Caleres's results here.
Founded in 1883, Wolverine Worldwide (NYSE:WWW) is a global footwear company with a diverse portfolio of brands including Merrell, Hush Puppies, and Saucony.
Wolverine Worldwide reported revenues of $412.3 million, up 4.4% year on year. This print beat analysts' expectations by 4.1%. It was a very strong quarter as it also produced an impressive beat of analysts' EPS estimates and a solid beat of analysts' adjusted operating income estimates.
Wolverine Worldwide pulled off the biggest analyst estimates beat among its peers. The stock is up 20.5% since reporting and currently trades at $17.84.
Read our full, actionable report on Wolverine Worldwide here, it's free.
As seen in the infamous Wolf of Wall Street movie, Steven Madden (NASDAQ:SHOO) is a fashion brand famous for its trendy and innovative footwear, appealing to a young and style-conscious audience.
Steven Madden reported revenues of $553.5 million, flat year on year. This number lagged analysts' expectations by 1%. Taking a step back, it was still an exceptional quarter as it put up an impressive beat of analysts' EPS estimates and a solid beat of analysts' adjusted operating income estimates.
The stock is up 15.2% since reporting and currently trades at $23.15.
Read our full, actionable report on Steven Madden here, it's free.
As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025.
Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.