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

Posted by Francis Steltz on Jul 24th, 2026

Deckers Outdoor (NYSE:DECK – Get Free Report) issued its quarterly earnings results on Thursday. The textile maker reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06, FiscalAI reports. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter last year, the business posted $0.93 EPS. Deckers Outdoor’s revenue was up 5.7% on a year-over-year basis. 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 Trading Down 6.0%

Shares of NYSE:DECK opened at $96.36 on Friday. The firm has a market cap of $13.38 billion, a price-to-earnings ratio of 13.69, a P/E/G ratio of 2.02 and a beta of 1.17. Deckers Outdoor has a 1 year low of $78.91 and a 1 year high of $126.50. The business has a fifty day simple moving average of $106.08 and a 200 day simple moving average of $106.11.

Key Headlines Impacting Deckers Outdoor

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

Positive Sentiment: Deckers beat first-quarter earnings expectations, reporting $0.94 per share versus the $0.88 consensus, and revenue rose 5.7% year over year to just over $1 billion for the first time. Deckers Brands Reports First Quarter Fiscal Year 2027 Financial Results
Positive Sentiment: Growth was driven by strong demand for HOKA and UGG, with HOKA sales up 7.7%, UGG up 4.9%, and international sales rising 8.4%, while gross margin improved to 56.4%. Deckers Outdoor Q1: The Thesis Is Still Intact
Neutral Sentiment: Investor attention is centered on the earnings call and management’s outlook, after Deckers said it expects FY2027 EPS of $7.35 to $7.50, slightly below the Street’s estimate. Deckers Outdoor Corporation (DECK) Q1 2027 Earnings Call Transcript
Neutral Sentiment: Analysts and traders were already watching DECK ahead of earnings, with call buying and neutral ratings suggesting expectations were mixed heading into the report. Call Traders Eye Deckers Outdoor Stock Ahead of Earnings
Negative Sentiment: Despite the strong quarter, higher SG&A spending rose 12.7%, which pressured operating income and likely contributed to a cautious reaction to the results. Deckers Outdoor Q1: The Thesis Is Still Intact
Negative Sentiment: The stock is also reacting to guidance that came in a bit light versus expectations, even though the company reaffirmed a strong long-term growth story. Deckers Outdoor beats FQ1 profit estimates, but guidance disappoints

Institutional Investors Weigh In On Deckers Outdoor

A number of hedge funds and other institutional investors have recently made changes to their positions in DECK. Geneos Wealth Management Inc. grew its stake in shares of Deckers Outdoor by 330.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after buying an additional 215 shares in the last quarter. Rakuten Securities Inc. lifted its stake in Deckers Outdoor by 45.5% in the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 100 shares during the last quarter. MUFG Securities EMEA plc acquired a new stake in Deckers Outdoor in the second quarter valued at approximately $46,000. Meeder Asset Management Inc. grew its position in Deckers Outdoor by 1,038.7% in the fourth quarter. Meeder Asset Management Inc. now owns 1,059 shares of the textile maker’s stock worth $110,000 after acquiring an additional 966 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of 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 purchasing an additional 934 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on DECK shares. Robert W. Baird reduced their price target on shares of Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating for the company in a research report on Friday. Sanford C. Bernstein reiterated a “market perform” rating and set a $105.00 price objective on shares of Deckers Outdoor in a research report on Friday, May 22nd. Stifel Nicolaus set a $144.00 target price on shares of Deckers Outdoor in a research note on Friday, May 29th. Truist Financial set a $125.00 target price on Deckers Outdoor and gave the company a “buy” rating in a report on Friday, May 22nd. Finally, UBS Group raised their target price on Deckers Outdoor from $145.00 to $161.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $118.79.

Check Out Our Latest Stock Analysis on DECK

About Deckers Outdoor

(Get Free Report)

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.