Deckers Outdoor (NYSE:DECK) Issues Earnings Results, Beats Expectations By $0.15 EPS

Deckers Outdoor (NYSE:DECK) issued its quarterly earnings data on Thursday. The textile maker reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.15, FiscalAI reports. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a net margin of 19.46% and a return on equity of 41.60%. The firm’s revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.00 EPS. Deckers Outdoor updated its FY 2027 guidance to 7.300-7.450 EPS.

Here are the key takeaways from Deckers Outdoor’s conference call:

• Deckers delivered another record year, with fiscal 2026 revenue up 10% to $5.47 billion and EPS up 11% to $7.02, while operating margin stayed above 23%. Management said results were driven by strong full-price selling, disciplined inventory management, and growth from both HOKA and UGG.
• HOKA posted its largest quarter ever and full-year revenue rose 16% to nearly $2.6 billion, supported by strong demand for road and trail innovation and improving brand awareness. The company also said HOKA awareness increased to about 60% in the U.S. and 40% internationally, with further wholesale and DTC expansion planned.
• UGG continued to broaden beyond winter boots, with fiscal 2026 revenue up 8% to $2.74 billion and growth increasingly coming from sneakers, sandals, apparel, and men’s products. Management highlighted strong sell-through for newer franchises like Lowmel, Golden Collection, and Otzo, alongside a more year-round “365” strategy.
• Fiscal 2027 guidance calls for high-single-digit revenue growth to $5.86 billion-$5.91 billion, but gross margin is expected to decline to about 56.5% due to higher freight, tariffs, and input costs. EPS is guided to $7.30-$7.45, with the company planning to repurchase at least 80% of free cash flow.
• Management unveiled a multi-year framework through fiscal 2030 targeting high-single-digit total company revenue growth, low-double-digit annual growth for HOKA, mid-single-digit growth for UGG, and low-double-digit EPS growth in fiscal 2028-2030. The board also approved an additional share repurchase authorization, which management said reflects confidence in the long-term plan.

Deckers Outdoor Price Performance

Shares of DECK stock opened at $102.70 on Friday. The firm has a market cap of $14.58 billion, a P/E ratio of 14.51, a PEG ratio of 2.11 and a beta of 1.14. Deckers Outdoor has a 1-year low of $78.91 and a 1-year high of $127.00. The firm’s 50-day simple moving average is $102.12 and its 200-day simple moving average is $101.61.

Key Headlines Impacting Deckers Outdoor

Here are the key news stories impacting Deckers Outdoor this week:

• Positive Sentiment: Deckers beat quarterly expectations, posting adjusted EPS of $0.96 versus $0.81 expected and revenue of $1.12 billion versus $1.09 billion expected, signaling solid demand across its brands.
• Positive Sentiment: The company said HOKA and UGG continued to outperform, with HOKA demand helping drive sales growth and support record fiscal 2026 profitability. Article Title
• Positive Sentiment: Deckers issued FY2027 guidance above or in line with expectations, including EPS guidance of 7.30 to 7.45 and revenue outlook around $5.9 billion, which suggests management sees continued momentum ahead.
• Neutral Sentiment: While the outlook was upbeat, articles noted some uncertainty in the broader demand environment, so investors may watch whether growth can remain strong through the next fiscal year. Article Title

Analysts Set New Price Targets

A number of research firms have issued reports on DECK. Truist Financial set a $125.00 target price on shares of Deckers Outdoor in a report on Friday. Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Jefferies Financial Group upped their target price on shares of Deckers Outdoor from $102.00 to $105.00 and gave the company a “hold” rating in a report on Tuesday, January 27th. Sanford C. Bernstein upgraded shares of Deckers Outdoor from an “underperform” rating to a “market perform” rating and upped their target price for the company from $90.00 to $100.00 in a report on Wednesday, May 6th. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $120.00 target price (up from $105.00) on shares of Deckers Outdoor in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $121.42.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. lifted its holdings in shares of Deckers Outdoor by 330.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after acquiring an additional 215 shares during the period. Rakuten Securities Inc. lifted its holdings in shares of Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares during the period. MUFG Securities EMEA plc purchased a new position in shares of Deckers Outdoor during the 2nd quarter worth about $46,000. Meeder Asset Management Inc. increased its position in Deckers Outdoor by 1,038.7% during the 4th quarter. Meeder Asset Management Inc. now owns 1,059 shares of the textile maker’s stock worth $110,000 after purchasing an additional 966 shares in the last quarter. Finally, Revolve Wealth Partners LLC acquired a new stake in Deckers Outdoor during the 4th quarter worth approximately $247,000. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

About Deckers Outdoor

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.