DECK
Deckers Outdoor Corporation104.20
+0.21+0.2%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q3 '26
Q&A affirms momentum, FY27 hints
Q&A reinforced Deckers' robust Q3 beat and FY26 guide raise, confirming HOKA's acceleration as sustainable via spaced launches, cleaner inventories, and DTC membership perks boosting revenue per customer and multi-category buys. Management detailed HOKA wholesale sell-through outpacing sell-in across run specialty, sporting goods, and athletic chains like Foot Locker, while both brands posted U.S. DTC gains. Steve affirmed UGG growth into FY27 amid strong order books through first three quarters. Brands crush consumer caution. Investors will eye DTC durability and lifestyle traction.
Key Stats
Market Cap
15.46BP/E (TTM)
15.48Basic EPS (TTM)
6.73Dividend Yield
0%Recent Filings
10-Q
Q3 FY2026 results
Deckers crushed Q3 FY2026 ended December 31, 2025, with net sales up 7.1% y/y to $1.96B on HOKA's 18.5% surge and UGG's steady 4.9% gain, while Other brands faded 55.5% post-phaseout. Gross margin slipped to 59.8% from 60.3% amid tariffs and promotions, yet operating income climbed 8.3% y/y to $614M (31.4% margin) as SG&A eased to 28.5%. Diluted EPS hit $3.33, backed by 144M shares. Cash swelled to $2.09B on $1.09B nine-month OCF, despite $813M buybacks leaving $1.81B authorized; no debt. Strong international sales up 15% y/y fuel momentum. HOKA dominates.
8-K
Deckers lifts FY26 guidance
Deckers Outdoor reported record Q3 FY2026 results on January 29, 2026, with revenue up 7.1% to $1.96B and diluted EPS rising 11% to $3.33, fueled by HOKA's 18.5% surge to $629M while UGG grew 4.9% to $1.31B. HOKA beat expectations. It raised FY2026 guidance to $5.40B-$5.43B sales, mid-teens HOKA growth, mid-single-digit UGG growth, and $6.80-$6.85 EPS, expecting over $1B in share repurchases amid tariff risks.
10-Q
Q2 FY2026 results
Deckers posted Q2 FY2026 net sales of $1.43B, up 9.1% y/y, with HOKA up 11.1% and UGG up 10.1% on wholesale strength, while Other brands fell 26.5% amid phase-outs. Gross margin expanded to 56.2% from 55.9%, but SG&A rose 11.5%; operating income climbed 7.0% to $327M, diluted EPS held at $1.82 on buybacks. Cash sits at $1.41B after $465M repurchases, OCF at $44M (derived) less $46M capex. Brands thrive. Yet competition pressures pricing power.
8-K
Q2 revenue hits $1.43B
Deckers Brands reported Q2 FY2026 revenue up 9% to $1.43B, with HOKA and UGG surging 11% and 10% respectively, fueled by 29% international growth. Diluted EPS climbed 14% to $1.82, while DTC dipped slightly. HOKA, UGG powered gains. Full-year guidance projects $5.35B sales, 21.5% operating margin, but warns of macro risks.
8-K
Annual meeting results strong
Deckers Outdoor held its 2025 Annual Meeting on September 8, 2025, with 88% of shares present. Stockholders elected all ten director nominees, ratified KPMG LLP as auditors for fiscal year ending March 31, 2026, and approved executive compensation on an advisory basis. All proposals passed decisively. Strong turnout signals board alignment.
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