Deckers Outdoor (NYSE:DECK) Posts Earnings Results, Beats Estimates By $0.57 EPS

Deckers Outdoor (NYSE:DECK) issued its quarterly earnings data on Thursday. The textile maker reported $3.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $0.57, Zacks reports. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%.

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

• Deckers raised full-year guidance to $5.4B–$5.425B revenue, now expects ~$6.80–$6.85 EPS, and raised gross margin and operating margin targets (to ~57% and ~22.5%), reflecting stronger-than-expected holiday results.
• Third-quarter results were strong: $1.96B revenue (+7%), record diluted EPS of $3.33 (+11%), with HOKA +18% and UGG +5% driving performance across DTC and wholesale.
• HOKA momentum accelerated via product innovation and a new membership program that raised revenue per customer and units/transaction, with multiple new launches (e.g., Cielo X1 3.0, Mach 7, Speedgoat 7) and significant global distribution runway.
• Tariffs remain a material headwind: an estimated unmitigated FY‑26 tariff impact of ~$110M and an expected net tariff hit of ~$25M (Q4 expected to carry the full 20% rate, pressuring quarterly gross margin).
• Shareholder returns and balance sheet strength: ~$349M repurchased in Q3, on pace to repurchase >$1B this fiscal year (expected >$0.20 EPS benefit), with ~$2.1B cash and ~$1.8B remaining buyback authorization.

Deckers Outdoor Price Performance

Shares of NYSE DECK traded up $2.29 during trading on Thursday, hitting $99.91. The stock had a trading volume of 5,860,016 shares, compared to its average volume of 2,877,083. The company has a market capitalization of $14.56 billion, a PE ratio of 14.80, a PEG ratio of 4.52 and a beta of 1.15. The firm has a fifty day moving average of $99.14 and a two-hundred day moving average of $101.37. Deckers Outdoor has a 12 month low of $78.91 and a 12 month high of $223.98.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on DECK shares. Sanford C. Bernstein reaffirmed an “underperform” rating on shares of Deckers Outdoor in a research note on Monday. Needham & Company LLC restated a “buy” rating on shares of Deckers Outdoor in a research note on Thursday, January 8th. Stifel Nicolaus raised Deckers Outdoor from a “hold” rating to a “buy” rating and set a $117.00 price target for the company in a research note on Tuesday, November 18th. Truist Financial set a $115.00 price objective on shares of Deckers Outdoor in a research report on Wednesday, January 14th. Finally, Evercore ISI cut their price target on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a report on Friday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $117.74.

Key Stories Impacting Deckers Outdoor

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

• Positive Sentiment: Deckers reported Q3 results: $3.33 EPS, beating the $2.76 consensus; net margin 19.47% and ROE 40.54%. The beat and strong profitability are the primary drivers supporting the stock’s gain. View Press Release
• Positive Sentiment: Company release via Business Wire: Deckers said Q3 produced record revenue and EPS, citing robust global demand for UGG and HOKA and provided an updated FY26 outlook—supporting upward stock movement. Deckers Brands Reports Third Quarter Fiscal Year 2026 Financial Results
• Positive Sentiment: Jefferies raised its price target on DECK to $105, which may provide additional analyst-driven support for the stock. Jefferies Raises Deckers Outdoor Price Target to $105.00
• Neutral Sentiment: Jefferies also reaffirmed a Hold rating on Deckers; the rating maintenance tempers upside for some investors despite the PT raise. Jefferies Reaffirms Their Hold Rating on Deckers Outdoor (DECK)
• Neutral Sentiment: Telsey Advisory Group reaffirmed a Market Perform rating on DECK, signaling analyst caution despite strong results. Telsey Advisory Group Reaffirms Market Perform Rating for Deckers Outdoor
• Neutral Sentiment: Broader analyst commentary and roundup pieces (Zacks, Globe & Mail) discuss Deckers among consumer names; these provide context but don’t change the immediate earnings-driven move. Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now
• Neutral Sentiment: Analyst insight pieces mention Deckers among consumer-cyclical names, useful for longer-term view but less likely to move the stock intraday. Analysts Offer Insights on Consumer Cyclical Companies: Deckers Outdoor (DECK)
• Neutral Sentiment: An unrelated market story about Warner Bros. Discovery appeared in the feed and is not directly relevant to DECK’s move today. Here’s What Lifted Warner Bros. Discovery (WBD) in Q4

Insiders Place Their Bets

In related news, insider Angela Ogbechie sold 1,460 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $81.45, for a total transaction of $118,917.00. Following the completion of the sale, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. This trade represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Deckers Outdoor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DECK. Geneos Wealth Management Inc. lifted its holdings in 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 purchasing an additional 215 shares in the last quarter. Rakuten Securities Inc. grew 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 valued at $33,000 after purchasing an additional 100 shares during the last quarter. MUFG Securities EMEA plc bought a new position in shares of Deckers Outdoor during the 2nd quarter valued at $46,000. Smartleaf Asset Management LLC grew its position in Deckers Outdoor by 210.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,378 shares of the textile maker’s stock worth $144,000 after acquiring an additional 934 shares during the last quarter. Finally, New Vernon Capital Holdings II LLC purchased a new position in Deckers Outdoor during the 3rd quarter valued at about $161,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Company Profile

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.