1839 ET [Dow Jones]--Deckers Brands is seeing limited growth in the U.S. when compared to what it can achieve internationally. The owner of UGG and Hoka, which saw a deceleration in domestic growth in the fiscal third quarter when compared to the second quarter and the year-ago period, expects its international markets to outpace its home market in terms of percentage growth, CEO Stefano Caroti says on a call with analysts. "Over time, we like international to be 50% of sales and, going into the fourth quarter and fiscal 26, yes, we continue to expect international to outpace the U.S.," Caroti says. Shares drop 16% to $188.47 in post-market trading. (sabela.ojea@wsj.com)
(END) Dow Jones Newswires
January 30, 2025 18:44 ET (23:44 GMT)
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