Earnings·October 23, 2026 at 11:29 AM EDT·1 source
Decker Outdoor Tumbles on Guidance; Amex to Cut Workforce | Stock Movers
DECK -4.9%AXP
DECK · last 30 trading days-5.1% since the news
News
What happened
- Decker Outdoor cut its full-year net sales guidance, which fell short of consensus estimates, sending shares lower.
- Kering shares fell after Gucci’s third-quarter revenue growth decelerated, with slower North American growth and continued weakness in China.
- American Express plans to cut its workforce, according to the Stock Movers report.
Why it matters
The developments matter to markets and corporate-finance professionals because they affect earnings expectations, sector sentiment and workforce planning at major consumer and financial companies.
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Timeline
- EarlierOct 23American Express Co.: Results of operations
- EarlierOct 23American Express Raises Profit Outlook on Increased Member Spending
- EarlierOct 23Futures Drop as Tech Stocks Slide, Oil Prices Climb Past $101 a Barrel
- EarlierOct 23American Express is cutting 5% of its workforce
- First reported by BloombergOct 23Decker Outdoor Tumbles on Guidance; Amex to Cut Workforce | Stock Movers
Who is involved
Decker Outdoor Tumbles on Guidance; Amex to Cut Workforce | S…Decker OutdoorDECKKeringGucciAmerican ExpressAXP
Company
Sources (1)
Related
- Oct 20 · Treasuries Rise as Oil Retreats From Highest Levels in Weeks
- Oct 23 · American Express is cutting 5% of its workforce
- Oct 23 · Futures Drop as Tech Stocks Slide, Oil Prices Climb Past $101 a Barrel
- Oct 23 · American Express Raises Profit Outlook on Increased Member Spending
- Oct 23 · American Express Co.: Results of operations
- Oct 22 · Deckers Outdoor Corp.: Executive or director change
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