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

Deckers Outdoor (NYSE:DECK) posted its earnings results on Thursday. The textile maker reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.15, FiscalAI reports. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.13%. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the company posted $1.00 EPS. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. 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 Trading Up 3.7%

Shares of Deckers Outdoor stock opened at $106.45 on Friday. The firm has a market capitalization of $15.11 billion, a PE ratio of 15.12, a P/E/G ratio of 2.20 and a beta of 1.14. Deckers Outdoor has a twelve month low of $78.91 and a twelve month high of $126.50. The firm’s 50-day moving average price is $102.20 and its 200 day moving average price is $101.64.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Revolve Wealth Partners LLC purchased a new position in Deckers Outdoor in the 4th quarter valued at about $247,000. Quantitative Investment Management LLC purchased a new position in Deckers Outdoor in the 4th quarter valued at about $252,000. Lido Advisors LLC lifted its stake in Deckers Outdoor by 7.1% in the 4th quarter. Lido Advisors LLC now owns 2,479 shares of the textile maker’s stock valued at $252,000 after buying an additional 164 shares in the last quarter. Syon Capital LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at about $238,000. Finally, PharVision Advisers LLC acquired a new stake in Deckers Outdoor in the 3rd quarter valued at about $221,000. 97.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on DECK shares. KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday. Telsey Advisory Group set a $113.00 target price on shares of Deckers Outdoor in a research note on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research note on Monday, April 20th. Truist Financial set a $125.00 target price on shares of Deckers Outdoor and gave the stock a “buy” rating in a research note on Friday. Finally, The Goldman Sachs Group reissued a “sell” rating and set a $92.00 target price (up from $81.00) on shares of Deckers Outdoor in a research note on Friday, January 30th. Nine investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Deckers Outdoor has an average rating of “Hold” and an average target price of $120.61.

Deckers Outdoor News Summary

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

• Positive Sentiment: Deckers beat Q4 earnings and revenue estimates, with EPS of $0.96 versus $0.81 expected and revenue of $1.12 billion versus $1.09 billion forecast, helped by continued strength in HOKA and UGG. Article Title
• Positive Sentiment: The company raised FY2027 guidance, with EPS outlook of $7.30 to $7.45 and revenue guidance above Wall Street expectations, reinforcing confidence in demand trends. Article Title
• Positive Sentiment: Analysts turned more constructive after the report, with UBS lifting its price target to $161 and reiterating a Buy rating, while Needham reaffirmed Buy and a $138 target. Article Title
• Neutral Sentiment: Media coverage highlighted record sales, strong HOKA momentum, and ongoing UGG demand, but also noted investors are still weighing the durability of the outlook. Article Title
• Neutral Sentiment: Commentary comparing DECK with Nike and other consumer stocks does not appear to be a direct stock catalyst, but it may keep investor attention on valuation and relative growth prospects. Article Title

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.