Deckers vykázal upravený zisk na jednu akcii ve výši 2,03 USD, což bylo o 11,54 % nad odhadem; tržby ve výši 1,48 mld. USD zaostaly za konsensem o 1,98 %.
Deckers (DECK - Free Report) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.82 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +11.54%. A quarter ago, it was expected that this maker of Ugg footwear would post earnings of $0.88 per share when it actually produced earnings of $0.94, delivering a surprise of +6.82%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Deckers, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $1.48 billion for the quarter ended September 2026, missing the Zacks Consensus Estimate by 1.98%. This compares to year-ago revenues of $1.43 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Deckers shares have lost about 17.5% since the beginning of the year versus the S&P 500's gain of 13.3%.
What's Next for Deckers?While Deckers has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Deckers was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.56 on $2.12 billion in revenues for the coming quarter and $7.50 on $5.9 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Apparel and Shoes is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
XCel Brands (XELB - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026.
This brand management company is expected to post quarterly loss of $0.34 per share in its upcoming report, which represents a year-over-year change of +83.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
XCel Brands' revenues are expected to be $2 million, up 78.6% from the year-ago quarter.
Analytici očekávají, že Deckers vykáže čtvrtletní zisk na akcii (EPS) ve výši 1,82 USD, beze změny oproti stejnému čtvrtletí před rokem, a tržby ve výši 1,51 mld. USD, což představuje meziroční nárůst o 5,6 %.
The upcoming report from Deckers (DECK - Free Report) is expected to reveal quarterly earnings of $1.82 per share, indicating no change from the year-ago quarter. Analysts forecast revenues of $1.51 billion, representing an increase of 5.6% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Deckers metrics that are commonly tracked and projected by analysts on Wall Street.
According to the collective judgment of analysts, 'Net Sales by brand- HOKA brand wholesale- Total' should come in at $690.75 million. The estimate indicates a change of +8.9% from the prior-year quarter.
The combined assessment of analysts suggests that 'Net Sales by brand- Other brands wholesale- Total' will likely reach $19.59 million. The estimate indicates a change of -47.3% from the prior-year quarter.
Based on the collective assessment of analysts, 'Net Sales by brand- UGG brand wholesale- Total' should arrive at $799.10 million. The estimate suggests a change of +5.2% year over year.
The collective assessment of analysts points to an estimated 'Net Sales by brand- HOKA brand wholesale- Wholesale' of $444.33 million. The estimate points to a change of +8.7% from the year-ago quarter.
The consensus among analysts is that 'Net Sales by channel- Total Wholesale' will reach $1.09 billion. The estimate indicates a year-over-year change of +4.8%.
Analysts' assessment points toward 'Net Sales by brand- UGG brand wholesale- Direct-to-Consumer' reaching $168.33 million. The estimate points to a change of +5.9% from the year-ago quarter.
It is projected by analysts that the 'Net Sales by channel- Direct-to-Consumer' will reach $417.17 million. The estimate indicates a year-over-year change of +5.7%.
Analysts expect 'Net Sales by brand- HOKA brand wholesale- Direct-to-Consumer' to come in at $244.86 million. The estimate suggests a change of +8.7% year over year.
The consensus estimate for 'Net Sales by brand- UGG brand wholesale- Wholesale' stands at $632.30 million. The estimate suggests a change of +5.3% year over year.
Analysts forecast 'Net Sales by brand- Other brands wholesale- Direct-to-Consumer' to reach $5.97 million. The estimate points to a change of -42.8% from the year-ago quarter.
The average prediction of analysts places 'Net Sales by location- International' at $661.25 million. The estimate indicates a change of +11.8% from the prior-year quarter.
Analysts predict that the 'Net Sales by location- Domestic' will reach $848.66 million. The estimate suggests a change of +1.1% year over year.
View all Key Company Metrics for Deckers here>>>
Over the past month, shares of Deckers have returned +9.3% versus the Zacks S&P 500 composite's +1.5% change. Currently, DECK carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Před zveřejněním výsledků se u společnosti Deckers očekává zisk 1,82 USD na jednu akcii, což představuje meziroční nulový růst, a tržby ve výši 1,51 miliardy USD, což představuje meziroční nárůst o 5,58 %.
In the latest trading session, Deckers (DECK - Free Report) closed at $80.38, marking a -1.57% move from the previous day. This move lagged the S&P 500's daily loss of 0.22%. On the other hand, the Dow registered a loss of 0.66%, and the technology-centric Nasdaq decreased by 0.22%.
Coming into today, shares of the maker of Ugg footwear had lost 1.14% in the past month. In that same time, the Retail-Wholesale sector lost 3.19%, while the S&P 500 gained 1.4%.
Investors will be eagerly watching for the performance of Deckers in its upcoming earnings disclosure. In that report, analysts expect Deckers to post earnings of $1.82 per share. This would mark no growth from the year-ago period. Meanwhile, the latest consensus estimate predicts the revenue to be $1.51 billion, indicating a 5.58% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.5 per share and a revenue of $5.9 billion, signifying shifts of +6.84% and +7.88%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Deckers. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Deckers is currently sporting a Zacks Rank of #2 (Buy).
With respect to valuation, Deckers is currently being traded at a Forward P/E ratio of 10.88. This expresses a discount compared to the average Forward P/E of 14.2 of its industry.
We can also see that DECK currently has a PEG ratio of 1.27. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Apparel and Shoes industry currently had an average PEG ratio of 1.24 as of yesterday's close.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Key Takeaways HOKA and UGG sales rose 7.7% and 4.9%, helping Deckers post its first-ever billion-dollar first quarter.HOKA's global DTC revenues rose 17%, as key models drove more than half of the brand's DTC growth.Deckers expects low-double-digit HOKA growth and mid-single-digit UGG growth for fiscal 2027. Deckers Outdoor Corporation (DECK - Free Report) is leaning on the continued strength of HOKA and UGG to sustain its growth trajectory. Both brands are benefiting from product innovation, disciplined marketplace management and strong full-price demand across regions and channels. Management highlighted cleaner inventories, pricing integrity and a widening product pipeline as key supports for long-term brand health, even against a pressured consumer backdrop.
The momentum was visible in first-quarter fiscal 2027 results. HOKA sales rose 7.7% year over year to $703.5 million, while UGG advanced 4.9% to $278 million. Companywide revenues increased 5.7% to $1.02 billion, marking Deckers’ first-ever billion-dollar first quarter. Direct-to-consumer ("DTC") sales climbed 13%, outpacing wholesale growth of 2.2%.
HOKA’s gains were broad-based, with global DTC revenues rising 17%. Alongside continued strength in Clifton and Bondi, Speedgoat 7, Mach 7, Mafate Speed 2 and Skyward supported full-price demand. Management noted that these models collectively generated more than half of HOKA’s global DTC growth. Early demand for the newly launched Clifton Pro was encouraging, with some wholesale accounts already placing reorders.
UGG maintained momentum across channels, with DTC and wholesale revenues up 6% and 5%, respectively. International markets, particularly Asia, led growth. The brand’s 365 and men’s initiatives gained traction, while Lowmel and Golden products supported a favorable shift toward fashion-casual footwear, sneakers and sandals. Men’s products accounted for the largest share of UGG’s incremental revenues.
This brand momentum is supporting Deckers’ outlook. The company continues to expect low-double-digit HOKA growth and mid-single-digit UGG growth for fiscal 2027. With gross margin projected slightly above 56.5% and EPS guidance raised to $7.35-$7.50, sustained full-price demand and product newness remain central to Deckers’ growth narrative.
DECK’s Price Performance, Valuation & EstimatesShares of Deckers have lost 17.5% over the past three months compared with the industry’s 3.9% decline.
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From a valuation standpoint, DECK trades at a trailing price-to-sales ratio of 1.96, up from the industry’s average of 1.30. It has a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Deckers’ fiscal 2027 earnings implies year-over-year growth of 6.8%, whereas the same for fiscal 2028 indicates an uptick of 10.9%. The estimates for fiscal 2027 and 2028 have been revised upward by 2 cents each over the past 60 days.
Image Source: Zacks Investment Research
DECK currently carries a Zacks Rank #2 (Buy).
Other Key PicksGenesco Inc. (GCO - Free Report) is a Nashville-based specialty retailer and branded company. It sells footwear and accessories through retail stores. Genesco flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Genesco’s current fiscal-year earnings indicates 62.1% growth from the year-ago actuals. GCO delivered a trailing four-quarter average earnings surprise of 11.2%.
Designer Brands Inc. (DBI - Free Report) designs, produces and retails footwear and accessories. It offers shoes, boots, sandals, sneakers, socks, handbags and accessories. Designer Brands currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for Designer Brands’ current fiscal-year earnings and sales implies growth of 225% and 0.6%, respectively, from the year-ago actuals. DBI delivered a trailing four-quarter average earnings surprise of 108.1%.
Urban Outfitters, Inc. (URBN - Free Report) is a lifestyle products and services company that sells fashion apparel, accessories, footwear, home goods and related offerings through a portfolio of global consumer brands. The company carries a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Urban Outfitters’ current fiscal-year earnings and sales indicates growth of 14% and 9.5%, respectively, from the year-ago actuals. Urban Outfitters delivered a trailing four-quarter average earnings surprise of 9.7%.
Mezinárodní tržby společnosti Deckers vzrostly v 1. čtvrtletí fiskálního roku 2027 o 8,4 % na 502,1 mil. USD a téměř polovinu tržeb tvořily zahraniční trhy. Tahounem byly HOKA a UGG.
Key Takeaways Deckers' international sales climbed 8.4%, making overseas markets a key growth driver in fiscal 2027.HOKA posted strong EMEA sell-through and record reorders. DTC grew across Europe, China and Japan.UGG's overseas growth, led by Asia, is expanding adoption through broader, year-round product offerings. Deckers Outdoor Corporation (DECK - Free Report) international business emerged as a key growth driver in the first quarter of fiscal 2027. International net sales increased 8.4% year over year to $502.1 million, outpacing 3.2% domestic growth. International revenues accounted for nearly half of total company sales, highlighting the growing importance of overseas markets.
HOKA was a major contributor to international momentum. Although reported international wholesale revenues were affected by shipments occurring later this year compared with unusually early shipments in the prior-year period, underlying demand remained strong. Europe, the Middle East and Africa (EMEA) posted robust wholesale sell-through and a quarterly record for reorders, while international DTC delivered exceptional growth across Europe, China and Japan.
UGG strengthened its international presence, with growth led by overseas markets, particularly Asia. Its mono-brand retail presence has been effective in driving consumer adoption of versatile UGG products across new categories. Investments in fashion casual footwear, sneakers, sandals and apparel are broadening the brand’s appeal across international consumer segments.
Deckers’ international opportunity is supported by continued product innovation and consumer engagement. HOKA’s differentiated performance and lifestyle offerings are helping expand its reach, while UGG’s broader assortment and year-round positioning are reducing reliance on seasonal demand. Management highlighted resilient demand across international markets despite a more pressured consumer environment in Europe.
International wholesale and distributor operations are expected to be a significant driver of growth in the second half of fiscal 2027, as planned shipment timing normalizes. Management expects consolidated revenues to be in the range of $5.86-$5.91 billion, with HOKA growing at a low-double-digit rate and UGG at a mid-single-digit rate. Continued international DTC strength provides Deckers with a solid platform for global share gains. We anticipate international net sales to increase 12.6% year over year in fiscal 2027.
DECK’s International Performance Compared With TPR & WWWTapestry, Inc. (TPR - Free Report) and Wolverine World Wide, Inc. (WWW - Free Report) are the key footwear companies competing with Deckers in the global arena.
Tapestry posted strong international growth in the fourth quarter of fiscal 2026, with Europe revenues rising 19% year over year and Greater China sales increasing 28% on a constant-currency basis. Growth was supported by robust direct business, broad-based channel momentum, new customer acquisition and market share gains, while Other Asia revenues increased 22%, led by South Korea and Australia. Japan sales declined 4% as the company intentionally pulled back on promotions. Tapestry expects international markets to contribute an increasing share of growth, with fiscal 2027 guidance calling for mid-teens growth in both Europe and Greater China, high single-digit growth in Other Asia and a return to growth in Japan.
Wolverine posted strong international growth in the second quarter of fiscal 2026, with international revenues rising 10.9% year over year to $277.2 million, or 9.6% on a constant-currency basis. Merrell and Saucony led the momentum, with international markets driving strong wholesale performance, while Merrell benefited from its key city strategy and Saucony continued to see particularly strong demand in Europe. Wolverine's global distribution network, spanning approximately 170 countries and territories, along with expanding partnerships and targeted activations across key international markets, continues to support brand momentum and global growth.
DECK’s Price Performance, Valuation & EstimatesShares of Deckers have lost 8.9% over the past three months compared with the industry’s 2.2% decline.
Image Source: Zacks Investment Research
From a valuation standpoint, DECK trades at a trailing price-to-sales ratio of 2.24X, up from the industry’s average of 1.39X. It has a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Deckers’ fiscal 2027 earnings implies year-over-year growth of 6.8%, whereas the same for fiscal 2028 indicates an uptick of 10.7%. The estimates for fiscal 2027 and 2028 have been revised upward by 5 cents and 6 cents, respectively, over the past 30 days.
Image Source: Zacks Investment Research
DECK currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Deckers zvýšila tržby z přímého prodeje zákazníkům o 13 % na 352,8 mil. USD a hrubá marže vzrostla na 56,4 % díky silné poptávce za plné ceny. Mezinárodní tržby rostly rychleji než domácí.
Key Takeaways Deckers' DTC sales outpaced wholesale, supporting premium pricing and gross margin expansion.DECK's international revenue grew faster than domestic sales, led by Europe, China, Japan and Asia.Deckers expanded HOKA and UGG into more categories while keeping inventories lower to support demand. Deckers Outdoor Corporation (DECK - Free Report) is leaning on faster direct-to-consumer sales, broader international demand and disciplined full-price selling to improve the quality of its growth.
These trends matter because they support brand control and pricing power at a time when tariffs, freight and operating expenses remain pressure points. HOKA and UGG are still the center of the story, but the channels and geographies behind their growth are changing.
Deckers’ DTC Mix Is Reshaping Its EconomicsDirect-to-consumer revenues increased 13% in the first quarter of fiscal 2027 to $352.8 million, far ahead of the 2.2% wholesale gain. Comparable direct-to-consumer sales rose 6.8%, showing that growth was not limited to new store or digital expansion.
A larger direct-to-consumer mix gives Deckers more control over product presentation, consumer engagement and inventory allocation. It also improves channel mix, a factor that helped gross margin in the quarter as the company maintained a premium full-price marketplace.
DECK’s Global Growth Outpaces Its Home MarketInternational revenues rose 8.4% to $502.1 million, outpacing domestic growth of 3.2% to $517.4 million. That gap shows how overseas markets are becoming a larger part of the company’s long-term runway.
HOKA’s direct-to-consumer business posted solid growth across Europe, China and Japan, while UGG’s international performance was led by Asia. Nike, Inc. (NKE - Free Report) remains a global athletic footwear competitor, and On Holding AG (ONON - Free Report) is another performance-footwear name competing for running consumers. Deckers’ global push gives it more reach, but also adds exposure to foreign currency, trade policy and geopolitical risks.
Deckers Preserves Scarcity and Full-Price DemandInventories declined 5% year over year to $807.6 million at the end of June, even as revenues increased. That cleaner position supports Deckers’ pull-based model and helps avoid unnecessary promotional pressure.
Gross margin expanded 60 basis points to 56.4%. The gain reflected favorable channel and product mix, full-price selling, foreign exchange benefits and better closeout management, partly offset by tariff headwinds. Scarcity and tighter distribution help preserve brand heat, which is critical for premium footwear and apparel brands.
DECK Expands HOKA Into More Wearing OccasionsHOKA is broadening beyond its core running base into trail, lifestyle and premium performance products. The brand generated first-quarter sales growth of 7.7% to $703.5 million, with demand spread across Clifton, Bondi, Speedgoat, Mach, Mafate and Skyward.
The launch of Clifton Pro also supports clearer product architecture. Deckers is using Glide to identify smooth, cushioned products and Fly for faster, responsive models. That structure can help shoppers understand the assortment while allowing HOKA to reach more wearing occasions and increase closet share.
Deckers Turns UGG Into a Year-Round PlatformUGG revenues increased 4.9% to $278 million, supported by progress in sneakers, sandals, clogs, apparel and men’s products. The shift reduces reliance on classic cold-weather footwear and helps the brand remain relevant outside the fall and winter periods.
The Lowmel family, Golden collection and seasonal silhouettes supported demand. Men’s products accounted for the largest portion of incremental UGG revenue in the quarter, reflecting traction in all-gender franchises as well as newer products designed for male consumers.
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Deckers’ Scores Favor Its Growth TrendsThe bottom line is that Deckers’ strongest trends are tied to better revenue quality, not only higher revenues. Faster direct-to-consumer growth, international expansion and full-price demand can support margins, but tariffs, elevated investments and global volatility remain offsets.
DECK currently carries a Zacks Rank #2 (Buy), along with a Growth Score of A and VGM Score of A. Those scores are favorable signals for investors focused on earnings-revision strength and growth characteristics over the next one to three months. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
The stock also has a Value Score of B and Momentum Score of B. Those grades are supportive, though not uniformly exceptional. Combined with the longer-term Neutral view, the setup points to selective upside potential while still requiring execution on product innovation, channel discipline and cost control.
Deckers Outdoor poprvé v historii přesáhl tržby 1 miliardu USD, když v 1. čtvrtletí fiskálního roku 2027 rostly o 5,7 % a EPS činil 0,94 USD. Firma zároveň zvýšila výhled na zisk na akcii na 7,35 až 7,50 USD.
Premium Retail’s Stress Test Is Separating Winners From LosersDeckers Outdoor NYSE: DECK reported first-quarter fiscal 2027 revenue above $1 billion for the first time in company history, as growth in its HOKA and UGG brands and continued strength in direct-to-consumer sales helped offset planned wholesale timing shifts.
President and Chief Executive Officer Stefano Caroti said total company revenue rose 5.7% from a year earlier, while diluted earnings per share came in at $0.94. Both metrics were above the company’s expectations for the quarter. Total direct-to-consumer revenue increased 13%, led by a 17% gain at HOKA and a 6% increase at UGG.
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Apparel Earnings Winners and Losers: Ralph Lauren Takes Off“Both HOKA and UGG maintained solid momentum and continued to capture high level of full price consumer demand,” Caroti said. He added that underlying consumer demand remained strong both internationally and in the United States, despite what the company described as a pressured consumer backdrop.
HOKA Growth Led by DTC and Product Innovation HOKA generated first-quarter revenue of $704 million, up 8% from a year earlier. Caroti said the brand’s performance was driven by global direct-to-consumer growth, including continued gains across Europe, China, Japan and the United States.
Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?Deckers said demand was broad-based across HOKA product families, with strength in established franchises such as Clifton and Bondi as well as newer and updated models. Caroti highlighted Speedgoat 7, Mach 7, Mafate Speed 2 and Skyward products as contributors to demand. He said trail and lifestyle styles together accounted for more than half of global HOKA direct-to-consumer growth in the quarter.
The company also pointed to the early launch of Clifton Pro as an important product milestone. Caroti said the shoe had been in the market for about two weeks and had already prompted some wholesale reorders. He said the Clifton Pro is part of a broader effort to create clearer technology and product architecture within HOKA, including “Glide” products designed for cushioning and “Fly” products focused on responsiveness and speed.
HOKA wholesale revenue increased 3% globally. Management said the wholesale result was in line with expectations and reflected international shipment timing differences compared with unusually early shipments in the prior year. In the U.S., HOKA delivered higher sell-in and stronger full-price sell-through, while EMEA posted what Caroti called “another quarterly record for reorders.”
UGG Advances Year-Round Strategy UGG revenue rose 5% year over year to $278 million, with direct-to-consumer revenue up 6% and wholesale up 5%. Caroti said the brand grew in both the U.S. and international markets, with international growth led by Asia.
Management said UGG’s results reflected progress in its “365” strategy and men’s growth initiatives. The company continued to allocate availability of key classic styles while increasing marketing and product investment in fashion-casual footwear, sneakers and sandals.
Caroti cited demand for the Lowmel franchise, the new Minimel introduction and the Golden Collection, including GoldenGaze silhouettes. He said the men’s business accounted for the largest portion of incremental UGG revenue in the quarter, supported by all-gender products such as Tasman and Lowmel as well as newer men’s products including the Ottosee clog.
In response to an analyst question, Caroti said UGG’s men’s business remains about 15% of revenue, with a goal of reaching 20% or more. He also said the brand is less dependent on cold weather than in the past because of a more diversified offering across sneakers, sandals, mules and other year-round products.
Margins Improve Despite Tariff Headwinds Chief Financial Officer Steve Fasching said total revenue for the quarter was $1.02 billion. Gross margin improved to 56.4%, up 60 basis points from 55.8% a year earlier.
Fasching said the margin improvement was driven by favorable channel mix as direct-to-consumer grew faster than wholesale, favorable product mix and full-price selling, foreign currency benefits and better management of product closeouts. These benefits were partially offset by tariffs.
In the question-and-answer session, Fasching said better management of closeouts contributed about 60 basis points to first-quarter gross margin, while full-price selling together with channel and brand mix contributed about 110 basis points. Foreign exchange added about 40 basis points, while tariffs reduced gross margin by about 150 basis points year over year.
SG&A expense rose 13% to $420 million, reflecting hiring, marketing investments, higher rent related primarily to global HOKA stores, technology spending and foreign currency remeasurement. Deckers ended the quarter with $1.6 billion in cash and equivalents, inventory down 5% year over year to $808 million and no outstanding borrowings.
The company repurchased approximately $338 million of shares during the quarter at an average price of $103.79. As of June 30, 2026, Deckers had about $4.7 billion remaining under its share repurchase authorization.
Guidance Raised on Earnings and Margin Deckers maintained its fiscal 2027 revenue outlook of $5.86 billion to $5.91 billion, representing high-single-digit growth from the prior year. The company still expects HOKA revenue to rise at a low-double-digit rate and UGG revenue to increase at a mid-single-digit rate.
However, Deckers raised its gross margin expectation to slightly better than 56.5%, citing first-quarter outperformance. The company also increased its assumed go-forward tariff rate to 12.5% from 10%. Fasching said Deckers continues to pursue tariff refunds related to an IEEPA ruling but has not included any refund assumptions in its guidance.
Operating margin is now expected to be slightly better than 21.5%, and diluted EPS is projected at $7.35 to $7.50, up $0.05 from the prior outlook. SG&A is still expected to be about 35% of revenue as the company continues investing in growth initiatives.
For the second quarter, Deckers expects consolidated revenue to rise about 5% year over year. Fasching said HOKA is expected to contribute high-single-digit growth, UGG is expected to maintain mid-single-digit growth, and other brands are expected to decline about 50%, primarily due to portfolio streamlining. Second-quarter diluted EPS is expected to range from $1.73 to $1.78.
Management reiterated that growth is expected to accelerate in the second half of the fiscal year, driven primarily by HOKA’s international wholesale and distributor business. Fasching said the timing shift reflects logistics changes rather than a change in demand assumptions.
Management Emphasizes Full-Price Marketplace Throughout the call, Deckers executives emphasized the importance of maintaining a premium, full-price marketplace. Caroti said inventories remain tight and that the company is focused on preserving a “pull model” of demand.
“Our full price sell-through continues to be strong,” Caroti said. “Inventories are tight. Inventories are down 5% for the quarter.”
Fasching said high gross margins support brand credibility and benefit retail partners. He added that Deckers has not assumed a significant change in promotional cadence for the rest of the year.
Caroti said the company remains confident in its fiscal 2027 outlook, citing product innovation, disciplined marketplace execution and continued engagement with HOKA and UGG across channels and geographies.
About Deckers Outdoor (NYSE:DECK)Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company's product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.
Founded in 1973 by Doug Otto and Karl F.
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Deckers Outdoor Corporation (NYSE:DECK) will release its first quarter earnings report after the closing bell on Thursday, July 23.
Analysts expect the Goleta, California-based company to report quarterly earnings of 87 cents per share, down from 93 cents per share in the year-ago period. The consensus estimate for Deckers Outdoor’s quarterly revenue is $1.02 billion. It reported $964.54 million last year, according to Benzinga Pro.
On May 21, Deckers Outdoor reported better-than-expected fourth-quarter financial results and issued FY27 guidance above estimates.
Deckers Outdoor shares fell 0.8% to close at $102.47 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying DECK stock? Here’s what analysts think:
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Wall Street analysts forecast that Deckers (DECK - Free Report) will report quarterly earnings of $0.88 per share in its upcoming release, pointing to a year-over-year decline of 5.4%. It is anticipated that revenues will amount to $1.02 billion, exhibiting an increase of 5.4% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Deckers metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Net Sales by brand- HOKA brand wholesale- Total' should come in at $705.84 million. The estimate indicates a year-over-year change of +8.1%.
Analysts predict that the 'Net Sales by brand- Other brands wholesale- Total' will reach $36.66 million. The estimate indicates a change of -20.8% from the prior-year quarter.
The average prediction of analysts places 'Net Sales by brand- UGG brand wholesale- Total' at $278.20 million. The estimate indicates a change of +4.9% from the prior-year quarter.
The combined assessment of analysts suggests that 'Net Sales by brand- HOKA brand wholesale- Wholesale' will likely reach $465.60 million. The estimate points to a change of +7.2% from the year-ago quarter.
Analysts' assessment points toward 'Net Sales by channel- Total Wholesale' reaching $677.09 million. The estimate indicates a year-over-year change of +3.8%.
Analysts forecast 'Net Sales by brand- UGG brand wholesale- Direct-to-Consumer' to reach $82.57 million. The estimate indicates a year-over-year change of +4.2%.
The collective assessment of analysts points to an estimated 'Net Sales by channel- Direct-to-Consumer' of $327.80 million. The estimate suggests a change of +5% year over year.
The consensus estimate for 'Net Sales by brand- HOKA brand wholesale- Direct-to-Consumer' stands at $238.53 million. The estimate indicates a year-over-year change of +9%.
Analysts expect 'Net Sales by brand- UGG brand wholesale- Wholesale' to come in at $195.66 million. The estimate indicates a year-over-year change of +5.3%.
Based on the collective assessment of analysts, 'Net Sales by brand- Other brands wholesale- Direct-to-Consumer' should arrive at $10.07 million. The estimate indicates a year-over-year change of -28%.
The consensus among analysts is that 'Net Sales by location- International' will reach $512.38 million. The estimate indicates a change of +10.6% from the prior-year quarter.
It is projected by analysts that the 'Net Sales by location- Domestic' will reach $507.95 million. The estimate points to a change of +1.3% from the year-ago quarter.
View all Key Company Metrics for Deckers here>>>
Over the past month, shares of Deckers have returned -2.4% versus the Zacks S&P 500 composite's +0.6% change. Currently, DECK carries a Zacks Rank #2 (Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Deckers uzavřel na 102,22 USD, což je denní pokles o 3,64 % a za poslední měsíc oslabení o 5,69 %. Analytici před výsledky čekají EPS 0,92 USD a tržby 1,02 miliardy USD.
In the latest trading session, Deckers (DECK - Free Report) closed at $102.22, marking a -3.64% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.28%. At the same time, the Dow lost 1.09%, and the tech-heavy Nasdaq gained 0.2%.
The maker of Ugg footwear's stock has dropped by 5.69% in the past month, falling short of the Retail-Wholesale sector's gain of 0.18% and the S&P 500's gain of 1.64%.
Investors will be eagerly watching for the performance of Deckers in its upcoming earnings disclosure. In that report, analysts expect Deckers to post earnings of $0.92 per share. This would mark a year-over-year decline of 1.08%. At the same time, our most recent consensus estimate is projecting a revenue of $1.02 billion, reflecting a 5.43% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.45 per share and revenue of $5.91 billion, which would represent changes of +6.13% and +8.05%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Deckers. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.18% higher within the past month. Right now, Deckers possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Deckers currently has a Forward P/E ratio of 14.24. Its industry sports an average Forward P/E of 16.31, so one might conclude that Deckers is trading at a discount comparatively.
One should further note that DECK currently holds a PEG ratio of 2.1. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Retail - Apparel and Shoes industry had an average PEG ratio of 1.2.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 56, which puts it in the top 23% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Deckers oznámila, že mezinárodní tržby ve 4. čtvrtletí vzrostly o 25,5 % na 469,5 milionu USD, zatímco domácí růst činil jen 0,3 %. Tahounem zůstává HOKA s tržbami 2,6 miliardy USD za fiskální rok 2026.
Key Takeaways Deckers' international net sales rose 25.5% y/y in Q4, far ahead of 0.3% domestic growth.HOKA posted $2.6B in FY26 revenues, gaining share and awareness across global markets.Deckers plans brand, DTC and retail investments as overseas markets outpace the United States. Deckers Outdoor Corporation (DECK - Free Report) continues to benefit from accelerating international demand, with UGG and HOKA strengthening their positions across key global markets. In the fourth quarter of fiscal 2026, international net sales increased 25.5% year over year to $469.5 million, outpacing domestic growth of 0.3%, underscoring the company's expanding global footprint.
HOKA remains a major catalyst for international expansion. The performance footwear brand generated $2.6 billion in fiscal 2026 revenues, up 16% year over year, supported by robust global direct-to-consumer growth and ongoing wholesale momentum. HOKA became a top-three performance running brand in France, Italy and the U.K., while growing its premium brand presence in China through strong full-price performance across existing and new retail and partner locations. Brand awareness across international markets averaged approximately 40%, up from roughly 30% a year ago, reflecting growing consumer recognition across regions.
UGG delivered strong international results, with EMEA generating the highest incremental revenue increase among all markets. The brand broadened its appeal through sneakers, sandals and men's offerings, while the Lowmel franchise and Golden collection accounted for more than half of fiscal 2026 growth. The Auto clog delivered strong sell-through across global regions, particularly among new male consumers, contributing to broader consumer engagement across product categories.
To capitalize on this momentum, Deckers plans to continue investing in brand marketing, localized regional content, direct-to-consumer capabilities and selective retail expansion. Management expects international markets to grow faster than the United States over the long term, with HOKA projected to deliver low-double-digit annual growth and UGG anticipated to generate mid-single-digit gains through fiscal 2030.
With growing global branding awareness, expanding product portfolios and continued investments in international markets, UGG and HOKA remain well-positioned to support Deckers' long-term growth ambitions and strengthen the company's presence across the global footwear and lifestyle market.
DECK’s International Performance Compared With TPR & WWWTapestry, Inc. (TPR - Free Report) and Wolverine World Wide, Inc. (WWW - Free Report) are the key footwear companies competing with Deckers in the global arena.
Tapestry posted strong international growth in the third quarter of fiscal 2026, with Europe revenues rising 21% year over year and Greater China sales increasing 55% on a constant-currency basis. Growth was supported by strong customer acquisition, market share gains and broad-based demand across channels, while Other Asia revenues increased 16%, led by South Korea and Australia. Tapestry's direct-to-consumer model and targeted regional strategies continue to support efficient global expansion while deepening consumer engagement across key international markets.
Wolverine posted strong international growth in the first quarter of 2026, with international revenues rising 20.1% year over year to $249.6 million, or 12.8% on a constant-currency basis. Merrell and Saucony drove growth across the global markets, benefiting from strong sell-through, product innovation and targeted investments in key cities. Wolverine's diversified distribution network, spanning approximately 170 countries and territories, along with strategic partnerships across EMEA, the Asia-Pacific and Latin America, continues to support efficient global expansion and strengthen brand momentum.
DECK’s Price Performance, Valuation & EstimatesShares of Deckers have gained 1% over the past three months compared with the industry’s growth of 5.8%.
Image Source: Zacks Investment Research
From a valuation standpoint, DECK trades at a trailing price-to-sales ratio of 2.57X, up from the industry’s average of 1.45X. It has a Value Score of A.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Deckers’ fiscal 2027 earnings implies year-over-year growth of 6.1%, whereas the same for fiscal 2028 indicates an uptick of 10.6%. The estimates for fiscal 2027 and 2028 have been revised upward by 3 cents and 5 cents, respectively, over the past 30 days.
Image Source: Zacks Investment Research
DECK currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
