by Carlos Garcia | Nov 11, 2024
Chunky, dorky, dad-like, and highly profitable. Hoka’s most popular shoes, the Bondi and Clifton, have a broad appeal for runners and non-runners, fueling the brand’s success. Hoka’s sales have increased 35% in the last year, driving parent company Deckers Outdoor...
by Carlos Garcia | Nov 1, 2024
The success of the running brand Hoka is bringing major growth to parent company Deckers Outdoor Corp’s stock, sending shares higher. The company’s revenue increased 20% to $1.31 billion and earnings per share increased 39% to $1.59, driven mostly by a jump in...
by Carlos Garcia | Oct 3, 2024
Less than two weeks after Nike Inc. parted ways with its CEO John Donahoe, the sneaker giant’s stock is looking up. The rise in stock price is a sign that investors see the company rebounding from its current struggles. Nike’s stock rose more than 10% in the twelve...
by Carlos Garcia | Sep 26, 2024
Stocks for running shoe companies are red hot. It’s just not the brands you would expect that are cashing in. Asics’s stock is up 105% in the past year. On Running’s (ONON) and Hoka’s (DECK) stocks are up 82% and 81%, respectively, far outpacing the S&P 500....
