Deckers reported fiscal Q2 revenue of $1.48 billion (+3.5% y/y) vs the $1.51 billion consensus, with EPS of $2.31 beating estimates, but comparable DTC sales fell 6.4% as CEO Stefano Caroti flagged aggressive rival discounting and shoppers waiting for promotions. The company cut its full-year sales outlook to a ~$5.71 billion midpoint, well under the prior ~$5.88 billion consensus. Shares fell 8% in extended trading Thursday and are down ~9.7% in Friday's premarket near $77, closing in on the 52-week low.
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