$DECK (+6,15%) | 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