Uggs has been selling men's items for several years, with Tom Brady as a spokeseman, but so many men still don't know.» Read More
NEW YORK-- No love for Uggs: Shares of the sheepskin boots maker, Deckers Outdoor Corp., tumbled 16 percent Friday to a three-year low because consumers have turned away just before the start of the holiday shopping season. The Goleta, Calif., company had previously predicted that profit would jump 22 percent in those months.
GOLETA, Calif.-- Shoppers are tugging off their Uggs, and the maker of the sheepskin boots said Thursday that profit fell 31 percent in its most recent quarter, and slashed its outlook for the end of the year. The warning from Deckers Outdoor Corp., which also sells Teva shoes and sandals, comes just as the all-important holiday season kicks off.
Check out which companies are making headlines after the bell Thursday.
Deckers Outdoor slashes Q4, full year outlooks, reports CNBC's Herb Greenberg.
Oct 10- Deckers Outdoor Corp:. *Canaccord Genuity cuts Deckers Outdoor Corp price target to $39 from. Reuters Station users, click. 1568.
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Take a look at some of Tuesday’s morning movers:
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Jim Cramer’s researcher, Nicole Urken, takes a look at the read from industrials that suggests we're moving into later cycle categories.
Does that 16% after hours decline in Deckers leave you itching to make a move?
The "Mad Money" host reveals his earnings expectations for Celgene, Exxon-Mobil, Amazon.com, Deckers Outdoor and Zynga.
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Tom Brady and Tim Tebow are plenty marketable. But the two quarterbacks have two prominent deals that aren't exactly in slam-dunk endorsement categories: men's shoes and underwear.