๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข EPS: $0.94 (Est. $0.87) โ
โข Revenue: $1.02B (Est. $1.02B) โ
โข Gross margin: 56.4% vs. 55.8% YoY
โข HOKA revenue: $703.5M (+7.7% YoY); UGG revenue: $278.0M (+4.9% YoY)
โข Repurchased $338.2M of shares during the quarter.
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข FY2027 EPS: $7.35โ$7.50 (Est. $7.49) ๐ฐ
โข FY2027 revenue: $5.86Bโ$5.91B (Midpoint: $5.89B vs. Est. $5.91B) ๐ฐ
โข Gross margin outlook improved to slightly above 56.5%; operating margin expected slightly above 21.5%.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Revenue exceeded $1B for the first fiscal Q1 for the first time, driven by continued HOKA and UGG growth.
โข Direct-to-consumer sales increased 13.0% YoY, while international revenue rose 8.4%.
โข Ended the quarter debt-free with $1.60B in cash and $4.7B remaining under its share repurchase authorization.
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
CEO Stefano Caroti said growing global demand for HOKA and UGG, supported by product innovation and disciplined execution, positions the company to continue expanding its premium brands while delivering long-term profitable growth.