Deckers 第二季度营收创纪录（增长3.5%），每股收益2.03，超出预期；在 Nike 承压之际，其两大品牌表现稳健。但公司将全年销售指引下调至57亿至57.5亿美元，并下调 Hoka 的增长预期，股价随后下跌逾6%；美国营收下降0.4%，国际营收增长9%。
逐段跳播
我们来说说Deckers及其利润。情况很艰难，无论你在这个板块表现好不好，对Deckers、Aon Holdings、Nike和Lululemon这样的公司都是如此。整个板块都承压。Deckers面临的压力还在持续加大。
Let's talk about Deckers and its profits. The situation was difficult, regardless of whether you performed well in this sector or not, for companies like Deckers, Aon Holdings, Nike and Lululemon.
The entire sector was under pressure. Pressure continues to mount on Deckers.
业绩公布后，股价下跌了超过6%。公司已经录得创纪录的销售额，但让投资者担心的是它的未来前景。第二季度营收增长3.5%，达到近15亿。这是该季度的纪录。业绩接近预期，仅略有下滑。
调整后每股收益为2.03，超出预期，因此盈利能力强于预期。
The stock fell by more than 6% after the results were announced. The company has already recorded record sales, but it is its future prospects that worry investors . Second quarter revenues rose 3.5% to nearly 1.5 billion.
That was a record for this quarter. The results were close to expectations, with only a slight decline. Adjusted earnings per share exceeded expectations at 2.03, so profitability was stronger than anticipated.
其两大品牌Hoka和Ags的增长预测现在都在下降。我们知道Agz鞋受季节性影响。关于Hoka的销售增长预测，他们现在预计全年实现高个位数增长，从低双位数下调。别忘了Hoka的销售额增长了6.8%。
我们看这些数字。Agz销售额增长了3.5%。他们业务的其他板块下降了超过50%，但再次提醒，Hoka和Agz是那里主要的收入来源。
Growth forecasts are now declining for its two largest brands, Hoka and Ags. We know that Agz shoes are affected by seasonality . Regarding Hoka's sales growth forecast, they now expect high single-digit growth for the full year , a downward reversal from low double digits.
And don't forget that Hoka's sales increased by 6.8%. We look at those numbers. Agz sales increased by 3.5%. Other sectors of their business have declined by more than 50%, but remember again that Hoka and Agz are the primary source of income there.
对于全年的未来预测，他们将其下调至57亿至57.5亿之间。这是两端都下调，从最低到最高。他们上调了每股收益预测，但同样，目前让投资者担心的是销售预测。
For future projections for the entire year, they reduce them to between 5.7 and 5.75 billion. This is a reduction at both ends, from the minimum to the maximum. They have raised their earnings per share forecast, but again, it is the sales forecast that is currently worrying investors.
更新后的盈利预测还包括关税恢复的影响，这也是投资者不太依赖这些预测的原因之一，因为这不是我们总能看到的恒定因素。
Updated earnings forecasts also include the impact of tariff recovery , which is one reason why investors don't rely on them too much because it's not a constant that we can always see.
关于消费状况，美国的销售情况似乎如下。国内营收下降了0.4%。因此，美国消费者似乎不像以前那么强劲了。Deckers 享有的优势之一是它的定价能力。他们仍然能够以正常价格卖出鞋子，不必提供很多折扣，也不必像 Aon Holdings 那样打折，但你能看到本地销售面临一些压力。
Regarding the consumer situation, sales in the United States appear to be as follows . Domestic revenues declined by 0.4%. Therefore , the American consumer does not appear to be as strong as it once was.
One of the advantages that Deckers enjoyed was its pricing power. They were still able to sell shoes at normal prices, without having to offer many discounts or do discounts similar to Aon Holdings, but you can see some pressure on local sales.
国际收入增长了9%。所以，这里最强的增长来源是全球消费者，而不是美国消费者。要关注美国需求是否会改善，人们是否会继续购买 Hookah 的鞋子，还是会把运动鞋穿得更久，Nicole。
International revenues increased by 9%. So, the strongest source of growth here is the global consumer versus the American consumer. Keep an eye on whether American demand will improve, whether people will continue to buy Hookah shoes, or whether they will keep their sneakers for longer, Nicole.
看，我可以说，看到他们的销售这样上升真的很棒。你提到了一个创纪录的数字。Hoka 和 AG，这对它们来说是好消息，尤其是市场竞争如此激烈，而且我们听说其他一些品牌有点吃力，比如 Nike，对吧？所以，那里的表现真的很好。
Look, I can say it's really great to see their sales rising like this. You mentioned a record number. I mean, Hoka and AG, great news there , especially since the market is so competitive and we hear that some others are struggling a bit like Nike, right? So, a really good performance there.