The news: Hoka-parent Deckers as well as Skechers head into the final months of 2024 in a prime position to gain market share in the comfort and performance footwear categories. Strong quarters drove both companies to hike their full-year forecasts.

• Deckers expects fiscal 2025 net sales to grow roughly 12% year over year (YoY) to $4.8 billion, up from its previous guidance of 10% growth. It also boosted its diluted earnings per share (EPS) forecast to a range of $5.15 to $5.25.
• Skechers raised the bottom end of its fiscal 2024 forecast to $8.925 billion from $8.875 billion, while keeping the top end at $8.925 billion. That would represent growth of 11.6% to 12.2% YoY. It also boosted its expected earnings per share to $4.20 to $4.25, up from its previous range of $3.95 to $4.10.