Deckers Outdoor ( (DECK) ) has released its Q2 earnings. Here is a breakdown of the information Deckers Outdoor presented to its investors.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Deckers Brands, a global leader in designing and distributing innovative footwear, apparel, and accessories, is renowned for its popular brands such as UGG and HOKA. The company operates in the lifestyle and performance footwear industry, offering products in over 50 countries worldwide.
In its latest earnings report for the second quarter of fiscal year 2026, Deckers Brands announced a 9% increase in revenue, reaching $1.43 billion. The company’s diluted earnings per share rose by 14% to $1.82, reflecting strong performance from its key brands, HOKA and UGG, which both experienced double-digit growth.
Key financial highlights include a 9.1% increase in net sales compared to the same period last year, with HOKA brand sales rising by 11.1% and UGG by 10.1%. While wholesale net sales saw a significant increase of 13.4%, direct-to-consumer sales slightly declined. International sales surged by 29.3%, although domestic sales experienced a slight decrease. The company’s gross margin improved to 56.2%, and operating income increased to $326.5 million.
Deckers Brands remains optimistic about its future, projecting net sales of approximately $5.35 billion for the full fiscal year 2026. The company anticipates continued growth for its HOKA and UGG brands, with expectations of a low-teens percentage increase for HOKA and a low-to-mid-single-digit increase for UGG. With a strong financial profile and strategic brand positioning, Deckers is poised to capture further market opportunities.