Deckers Outdoor Corp
NYSE:DECK

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Deckers Outdoor Corp Logo
Deckers Outdoor Corp
NYSE:DECK
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Price: 108.1 USD 1.23% Market Closed
Market Cap: 15.8B USD

Deckers Outdoor Corp
Investor Relations

Deckers Outdoor Corp., perched amidst the scenic backdrop of Goleta, California, is a testament to the transformational power of vision-driven innovation in the footwear and apparel industry. Emerging from humble beginnings in 1973, the company was initially known for its iconic sandal products, but it soon expanded its horizons by acquiring several dynamic brands. Today, Deckers is renowned globally for its diverse portfolio, which includes household names such as UGG, Teva, HOKA ONE ONE, and more. These brands, each basking in their unique market niches, cater to an array of consumer needs—from the coziness and authenticity of UGG boots to the high-performance allure of HOKA athletic shoes. The symbiotic relationship between these brands under the Deckers umbrella has enabled the company to cultivate a vast and loyal customer base, enhancing its competitive edge amidst the ever-evolving landscape of fashion and functionality.

Central to Deckers' financial success is its robust business model, which adeptly combines wholesale distribution, direct-to-consumer sales via company-owned retail stores, and a burgeoning e-commerce presence. The latter two channels allow Deckers to maintain a direct line of interaction with customers, thereby both capturing higher margins than the wholesale segment and gathering valuable customer insights to inform design and marketing strategies. With a keen eye for current trends and consumer preferences, Deckers consistently reinvests in product innovation and sustainable practices, seeking to enhance brand equity while adhering to corporate social responsibility. This strategic agility, coupled with a commitment to quality and customer satisfaction, underpins Deckers' ability to not just survive but thrive, outperforming many of its contemporaries in an industry that never stands still.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Oct 23, 2025
AI Summary
Q2 2026

Revenue Beat: Deckers delivered second quarter revenue of $1.43 billion, up 9% year-over-year and ahead of expectations.

EPS Growth: Diluted earnings per share rose 14% to $1.82, exceeding last year’s $1.59 and coming in $0.23 above expectations.

Brand Strength: HOKA revenue grew 11% and UGG revenue was up 10% in Q2, both fueled by strong international and wholesale performance.

Margin Commentary: Gross margin improved to 56.2%, up 30 basis points year-over-year, but tariff headwinds are expected to weigh on margins in the second half.

Guidance Reinstated: Full year fiscal 2026 guidance was given, with revenue expected at about $5.35 billion, gross margin around 56%, and EPS between $6.30 and $6.39.

Wholesale vs DTC: Wholesale outpaced DTC in both brands, with DTC seeing some softness in UGG due to consumer shifts and earlier wholesale deliveries.

International Growth: International markets were key growth drivers, especially for HOKA and UGG, and are expected to continue outpacing US growth.

Tariffs Impact: Tariffs are expected to have a $150 million impact this year, with $75–95 million of that mitigated by pricing and cost actions.

Key Financials
Revenue
$1.43B
Diluted Earnings Per Share
$1.82
Gross Margin
56.2%
SG&A Expense
$477M
Tax Rate
21.7%
Inventory
$836M
Cash and Equivalents
$1.4B
Share Repurchases
$282M
HOKA Revenue Growth (Q2)
up 11% YoY
UGG Revenue Growth (Q2)
up 10% YoY
HOKA Wholesale Growth (Q2)
up 13% YoY
HOKA DTC Growth (Q2)
up 8% YoY
UGG Wholesale Growth (Q2)
up 17% YoY
UGG DTC Growth (Q2)
down 10% YoY
Earnings Call Recording
Other Earnings Calls

Management

Ms. Anne Spangenberg
President of Fashion Lifestyle
No Bio Available
Ms. Pascale Meyran
Chief People Officer
No Bio Available
Ms. Angela Ogbechie
Chief Supply Chain Officer
No Bio Available
Ms. Robin Spring-Green
President of HOKA
No Bio Available
Mr. Marco Ellerker
President of Global Marketplace
No Bio Available
Mr. Joel Ankarberg
Chief Digital & Data Officer
No Bio Available

Contacts

Address
CALIFORNIA
Goleta
250 Coromar Dr
Contacts
+18059677611.0
www.deckers.com