Deckers Brands reported strong revenue and earnings growth, particularly driven by international expansion and brand performance of HOKA and UGG. However, challenges in the U.S. market, declining gross margins, and tariff concerns present notable headwinds.

Company Guidance

In the earnings call for Deckers Brands' first quarter of fiscal year 2026, several key metrics were highlighted, reflecting a positive start for the company. Revenue increased by 17% year-over-year to $965 million, with the HOKA brand delivering its largest quarter in history, contributing $653 million in revenue—a 20% increase over the previous year. The UGG brand also saw a significant revenue increase of 19% to $265 million. The company's diluted earnings per share rose by 24% to $0.93. International markets played a crucial role, with international revenue growing by 50%, outpacing the U.S. market. The gross margin for the quarter was 55.8%, down 110 basis points from the previous year, influenced by factors such as increased promotions and higher freight costs. The company is not providing a formal full-year outlook due to macroeconomic uncertainties but expects continued growth led by HOKA and UGG, particularly in international markets and wholesale channels. Deckers remains confident in its ability to navigate these challenges, backed by a strong financial position and strategic brand investments.

Record Revenue Growth

Deckers Brands reported a 17% increase in revenue to $965 million for Q1 of fiscal 2026, with HOKA achieving its largest quarter in history and UGG delivering its largest June-ended quarter ever.

International Market Expansion

International revenue surged by 50%, driven by strong performances in EMEA and China for both HOKA and UGG brands.

Earnings Per Share Growth

Diluted earnings per share increased by 24% to $0.93 compared to the prior year period.

HOKA Brand Performance

HOKA's global revenue increased by 20% to $653 million, with international wholesale growing by 30%.

UGG Brand Growth

UGG's global revenue increased by 19% to $265 million, with wholesale revenues increasing by 30%.

Deckers Outdoor (DE:DO2) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:DO2 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2026 (Q2)	1.35 / -	1.358	―	―	―
Jul 24, 2025	2026 (Q1)	0.58 / 0.79	0.643	23.51% (+0.15)	―
May 22, 2025	2025 (Q4)	0.52 / 0.85	0.705	21.21% (+0.15)	―
Jan 30, 2025	2025 (Q3)	2.21 / 2.56	2.151	19.14% (+0.41)	―
Oct 24, 2024	2025 (Q2)	1.06 / 1.36	0.971	39.84% (+0.39)	―
Jul 25, 2024	2025 (Q1)	0.50 / 0.64	0.343	87.31% (+0.30)	―
May 23, 2024	2024 (Q4)	0.42 / 0.70	0.493	42.98% (+0.21)	―
Feb 01, 2024	2024 (Q3)	1.64 / 2.15	1.493	44.13% (+0.66)	―
Oct 26, 2023	2024 (Q2)	0.63 / 0.97	0.541	79.62% (+0.43)	―
Jul 27, 2023	2024 (Q1)	0.32 / 0.34	0.237	45.13% (+0.11)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:DO2 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	€92.00	€100.70	+9.46%
May 22, 2025	€108.95	€89.60	-17.76%
Jan 30, 2025	€209.80	€173.55	-17.28%
Oct 24, 2024	€141.55	€159.35	+12.58%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.