Deckers Outdoor ( (DECK) ) has released its Q1 earnings. Here is a breakdown of the information Deckers Outdoor presented to its investors.
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Deckers Brands, a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, is renowned for its popular brands such as UGG and HOKA, catering to both casual lifestyle and high-performance activities.
In its latest earnings report for the first quarter of fiscal year 2026, Deckers Brands announced a significant revenue increase of 17% to $965 million, alongside a 24% rise in diluted earnings per share to $0.93, marking a robust start to the fiscal year.
Key financial highlights include a 19.8% increase in HOKA brand net sales and an 18.9% rise in UGG brand net sales. The company’s wholesale net sales surged by 26.7%, while international net sales saw a remarkable 49.7% growth. Despite a slight decline in domestic sales and a decrease in gross margin to 55.8%, operating income improved to $165.3 million. Deckers also repurchased 1.7 million shares, reflecting strong cash reserves and no outstanding borrowings.
Looking ahead, Deckers Brands remains optimistic about its long-term prospects, despite global trade uncertainties. The company forecasts second-quarter net sales between $1.38 billion and $1.42 billion, with diluted earnings per share expected to range from $1.50 to $1.55, underscoring its confidence in leveraging its robust operating model to navigate future challenges.