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With a market cap of $16.5 billion, Deckers Outdoor Corporation (DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities. Based in Goleta, California, the company owns a portfolio of brands including UGG, HOKA, Teva, Sanuk, Koolaburra, and AHNU.
Shares of DECK have significantly lagged behind the broader market over the past 52 weeks. DECK has dropped 36.7% over this period, while the broader S&P 500 Index ($SPX) has gained 11.6%. Moreover, shares of DECK are down 46.4% on a YTD basis, compared to SPX’s marginal rise.