🔹 Revenue: $1.02B (Est. $1.006B) 🟢; +6.5% YoY
🔹 Adj EPS: $1.00 (Est. $0.59) 🟢
🔹 OI: $173.9M (Est. $107.1M) 🟢
🔹 Net Income: $151.4M (Est. $89.5M) 🟢
FY Outlook Withdrawn:
🔸 Deckers withdrew full-year FY26 guidance due to macroeconomic uncertainty and evolving global trade policies.
Q1 Guidance:
🔹 Revenue: $890M–$910M (Est. $925.3M) 🔴
🔹 EPS: $0.62–$0.67 (Est. $0.79) 🔴
Segment Revenue (Q4 YoY):
🔹 HOKA®: $586.1M; +10.0% YoY
🔹 UGG®: $374.3M; +3.6% YoY
🔹 Other Brands: $61.3M; -6.3% YoY
Channel Performance (Q4 YoY):
🔹 Wholesale: $611.6M; +12.3% YoY
🔹 DTC: $410.2M; -1.2% YoY
↳ DTC Comparable Sales: -1.6% YoY
Geographic Performance (Q4 YoY):
🔹 Domestic Sales: $647.7M; Flat YoY
🔹 International Sales: $374.1M; +19.9% YoY
💰 Capital Allocation:
🔹 Q4 Buyback: 1.78M shares for $266M
🔹 FY25 Buyback: 3.8M shares for $567M
🔹 FY26 Q1 Buyback (as of May 9): 765K shares for $84M
🔹 Total Buyback Authorization Increased to $2.5B
CEO Stefano Caroti:
🔸 “Despite global trade uncertainty, HOKA and UGG remain strong category leaders with long-term growth potential.”
CFO Steve Fasching:
🔸 “FY25 marks our 5th consecutive year of double-digit growth in revenue and EPS. With $1.9B in cash, strong cash flow, and a $2.5B buyback authorization, we’re well-positioned for strategic investment and shareholder return.”