i love that thing where deckers is consistent winner with both ugg and hoka.the conference call, deckers mentioned that hoka was the second most worn brand at the high school cross country national championships. now that's a good sign. management also has a massive cash pile. i really like this aspect. deckers has $2.2 billion in cash. it has zero debt. and that's got a lot of a lot of flexibility, meaning they can focus on long term growth of the brands without having to juice short term sales, as they explain in the comments i'm quoting here. we don't want to be in a position to have to trade brand equity for short term revenue. end quote. but honestly, the best argument for deckers is that the stock's a heck of a lot cheaper than it was last thursday, especially with today's additional 4% decline. of course, there's also plenty of reasons to stay away. stay cautious. stocks don't go down 20% for no reason in a single day. now we know the current quarter will be rough, and investors won't want to touch the stock until they see improvement. hulk is slowing.