Overview
- Revenue rose 63.3% year over year to $2.12 billion, topping the $2.06 billion consensus.
- Adjusted EPS came in at $0.95, exceeding Wall Street’s $0.86 expectation.
- Management raised 2025 adjusted EPS guidance to $2.60–$2.75, implying a $2.68 midpoint.
- Strong direct-to-consumer sales drove the quarter, offsetting softness in the wholesale channel.
- The stock jumped about 11% intraday to a new 52-week high of $87.79, extending a 57.3% year-to-date gain.