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American Outdoor Brands, Inc. shares rise 4.94% premarket after Deckers Outdoor Corporation reported strong Q1 earnings and sales.
ByAinvest
Friday, Jul 25, 2025 9:06 am ET1min read
American Outdoor Brands, Inc. rose 4.94% in premarket trading. The company's stock price increase can be attributed to the positive news events surrounding Deckers Outdoor Corporation, which is a competitor in the outdoor footwear and apparel industry. Deckers reported strong fiscal Q1 earnings and sales, with Hoka and UGG brands driving sales outperformance. Additionally, Deckers announced a $2.4 billion remaining under stock repurchase authorization, which can be seen as a bullish signal for the industry.
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