Stocks to Watch Friday: Deckers, Ross, Wolfspeed, Intuit -- WSJ

Dow Jones
2025/05/23

By WSJ Staff

Deckers Outdoor $(DECK)$: The shoe company's quarterly outlook missed expectations, and it didn't give guidance for fiscal-2026, citing uncertainties stemming from global trade policies. Shares dropped more than 16% in premarket trading.

Ross Stores $(ROSS)$: The discount department store chain withdrew its annual outlook, as tariffs are expected to drag on earnings. More than half of its products originate from China.

Intuit $(INTU)$: The tax-and-business software company reported better-than-forecast adjusted earnings and revenue for last quarter.

Autodesk $(ADSK)$: The software company raised its annual profit forecast, sending shares higher ahead of the open.

Wolfspeed $(WOLF)$: The chip-component maker's shares rose 4% in brisk premarket trading, extending a volatile period. The company is preparing to file for bankruptcy in a matter of weeks.

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(END) Dow Jones Newswires

May 23, 2025 05:18 ET (09:18 GMT)

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