$DECK (+6,48 %) | Deckers Brands Q2'25 Earnings Highlights

🔹 EPS: $1.59

🔹 Revenue: $1.31B (Est. $1.2B) 🟢; UP +20% YoY

🔹 Gross Margin: 55.9% (vs. 53.4% YoY) 

🔹 Operating Margin: 23.3% (vs. 20.6% YoY)

Raised FY25 Guidance:

🔹 Revenue: ~$4.8B (Prior: ~$4.7B); UP +12% YoY 🟢

🔹 EPS: $5.15-$5.25 

🔹 Gross Margin: 55%-55.5%

🔹 Operating Margin: 20%-20.5% (Previous: 19.5%-20%) 

Segment Revenue:

🔹 HOKA Brand: $570.9M (Est. $517.7M) 🟢; UP +34.7% YoY

🔹 UGG Brand: $689.9M (Est. $634.4M) 🟢; UP +13% YoY

🔹 Teva Brand: $22.0M (Est. $21.1M) 🟢; UP +2.3% YoY

🔹 Sanuk Brand: $2.8M; DOWN -47.6% YoY 

🔹 Other Brands: $25.8M; DOWN -15.8% YoY 

Channel Performance:

🔹 Direct-to-Consumer (DTC) Revenue: $397.7M; UP +19.9% YoY

🔹 Wholesale Revenue: $913.7M; UP +20.2% YoY

🔹 Domestic Revenue: $853.9M; UP +14.2% YoY

🔹 International Revenue: $457.4M; UP +33% YoY

Other Financial Metrics:

🔹 Cash & Cash Equivalents: $1.23B

🔹 Inventory: $777.9M

🔹 Share Repurchases: $104.3M (686K shares repurchased)

🔸 No outstanding borrowings