Deckers Outdoor (NYSE:DECK) Releases Earnings Results, Beats Expectations By $0.06 EPS

Deckers Outdoor (NYSE:DECK) posted its quarterly earnings results on Thursday. The textile maker reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.06, FiscalAI reports. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. Deckers Outdoor had a net margin of 18.54% and a return on equity of 40.59%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the firm posted $0.93 earnings per share. Deckers Outdoor updated its FY 2027 guidance to 7.350-7.500 EPS.

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

• Deckers posted its first-ever above-$1 billion quarterly revenue, with Q1 sales up 5.7% and EPS of $0.94 both coming in ahead of expectations.
• DTC growth remained strong, led by HOKA (+17%) and UGG (+6%), as management said consumer demand stayed healthy across regions and full-price sell-through remained high.
• HOKA continued to gain share with 8% revenue growth to $704 million, helped by broad-based product innovation and early traction from launches like Clifton 11 and Clifton Pro.
• UGG’s business is becoming more diversified, with growth in men’s, sandals, sneakers, and apparel helping support higher margins and reducing reliance on cold-weather demand.
• Management raised full-year guidance, now expecting revenue of $5.86 billion-$5.91 billion and EPS of $7.35-$7.50, but also increased its tariff assumption to 12.5%, which will pressure margins later in the year.

Deckers Outdoor Stock Down 0.1%

Shares of DECK stock opened at $96.18 on Friday. Deckers Outdoor has a 52 week low of $78.91 and a 52 week high of $126.50. The firm has a 50 day moving average of $106.13 and a two-hundred day moving average of $106.04. The stock has a market capitalization of $13.36 billion, a PE ratio of 13.64, a P/E/G ratio of 1.90 and a beta of 1.17.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Invesco Ltd. boosted its position in shares of Deckers Outdoor by 0.5% during the 4th quarter. Invesco Ltd. now owns 2,752,772 shares of the textile maker’s stock worth $285,380,000 after acquiring an additional 12,350 shares in the last quarter. Alberta Investment Management Corp purchased a new position in shares of Deckers Outdoor during the fourth quarter worth about $1,731,000. Mercer Global Advisors Inc. ADV boosted its position in shares of Deckers Outdoor by 306.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 32,006 shares of the textile maker’s stock valued at $3,216,000 after purchasing an additional 24,127 shares during the period. Blue Chip Partners LLC boosted its holdings in shares of Deckers Outdoor by 13.9% in the fourth quarter. Blue Chip Partners LLC now owns 6,516 shares of the textile maker’s stock valued at $676,000 after acquiring an additional 793 shares during the period. Finally, Caitlin John LLC purchased a new stake in Deckers Outdoor in the 4th quarter valued at $675,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Key Headlines Impacting Deckers Outdoor

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

• Positive Sentiment: Deckers beat Q1 earnings estimates, with EPS of $0.94 versus $0.88 expected, and revenue topped $1 billion for the first time, helped by continued strength in HOKA and UGG. Business Wire earnings release
• Positive Sentiment: The company raised its full-year EPS outlook to $7.35-$7.50 and highlighted stronger direct-to-consumer performance, suggesting management still sees healthy demand and better profitability potential. MSN forecast raise article
• Neutral Sentiment: Analysts remain constructive overall, but several lowered price targets after the report, including Truist, Needham, Telsey, and Baird, reflecting a more cautious near-term valuation view rather than a major change in the long-term story. Benzinga analyst update
• Negative Sentiment: Shares are reacting to guidance and cost concerns: investors were disappointed that tariff and freight pressures are expected to weigh on margins, and the stock fell even after the earnings beat. Zacks margin pressure article
• Negative Sentiment: Recent commentary from The Wall Street Journal noted that sales growth slowed in the quarter, which reinforces concerns that growth may be moderating even as HOKA continues to perform well. WSJ sales growth article

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on DECK. Wells Fargo & Company restated an “underweight” rating and issued a $85.00 target price on shares of Deckers Outdoor in a report on Friday. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a research report on Friday. Piper Sandler reiterated a “neutral” rating on shares of Deckers Outdoor in a report on Thursday, June 11th. Argus set a $128.00 price target on shares of Deckers Outdoor in a report on Friday, May 29th. Finally, KGI Securities cut Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective on the stock. in a report on Friday, May 22nd. Nine analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Deckers Outdoor has an average rating of “Hold” and an average target price of $117.16.

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.