Deckers Brands Inc. ($DECK) experienced a sharp decline in its stock price, falling 20% on January 31, 2025, marking its worst day in a decade. The drop followed the company's earnings report, which revealed a revised fiscal 2025 revenue outlook slightly above $4.9 billion, indicating a projected growth of 15%, up from a previous estimate of 12%. Analysts noted that the stock's performance may have been influenced by a strong run-up prior to the earnings release. Despite the downturn, some investors expressed optimism, with one noting a potential bounce if the stock breaks the $180 mark. Additionally, the company has seen substantial growth in its HOKA brand, with revenue increasing from less than $3 million in 2012 to over $2.2 billion in the last twelve months, following its acquisition for approximately $1.1 million.