Deckers Outdoor Corporation (DECK) Traded Lower Due to Softer Quarterly Guidance

Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Mid Cap Growth Fund” first quarter 2025 investor letter. A copy of the letter can be downloaded here. Mid-cap stocks had a challenging first quarter; the Russell Midcap® Growth Index, which was down 7.12%, had greater difficulties than the Russell Midcap® Value Index, which was down 2.11%. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its first-quarter 2025 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted stocks such as Deckers Outdoor Corporation (NYSE:DECK). Deckers Outdoor Corporation (NYSE:DECK) is a footwear, apparel, and accessories company for everyday casual lifestyle and high-performance activities. The one-month return of Deckers Outdoor Corporation (NYSE:DECK) was -5.39%, and its shares lost 17.68% of their value over the last 52 weeks. On April 1, 2025, Deckers Outdoor Corporation (NYSE:DECK) stock closed at $110.65 per share with a market capitalization of $16.79 billion.

Carillon Eagle Mid Cap Growth Fund stated the following regarding Deckers Outdoor Corporation (NYSE:DECK) in its Q1 2025 investor letter:

“Deckers Outdoor Corporation (NYSE:DECK) designs, markets and distributes shoes, clothes and accessories globally under brands like UGG, HOKA, Teva, Koolaburra, and AHNU. The stock pulled back substantially due to softer quarterly guidance and uncertainty over the impact of tariffs. Guidance suggests slower HOKA growth than expected, but we believe this is due to challenging year-over-year comparisons and the timing of two new HOKA launches, not necessarily an indication of a material slowdown in HOKA demand.”

Deckers Outdoor Corporation (DECK): Among Louis Navellier’s Stock Picks with Huge Upside Potential

A customer browsing a retail store, finding the perfect footwear for their casual outfits.

Deckers Outdoor Corporation (NYSE:DECK) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 66 hedge fund portfolios held Deckers Outdoor Corporation (NYSE:DECK) at the end of the fourth quarter compared to 61 in the third quarter. In the third quarter of fiscal 2025, Deckers Outdoor Corporation’s (NYSE:DECK) revenue grew 17% year-over-year to $1.8 billion. While we acknowledge the potential of Deckers Outdoor Corporation (NYSE:DECK) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

In another article, we covered Deckers Outdoor Corporation (NYSE:DECK) and shared Louis Navellier’s stock picks with huge upside potential. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.