In particular, the third quarter of the fiscal year also saw record revenue and margins, with the gross margin improving by 1.6 percentage points from 58.7% to 60.3%. The company's UGG and Hoka brands are selling well internationally across many regions and are attracting more customers through their innovative products.

Members of the "Magnificent Seven" have struggled in 2025. But growth stocks, a broader group of companies with similar characteristics to these formerly dominant Big Tech names, have still performed quite well.