🔹 EPS: $1.82 (Est. $1.58) 🟢; UP +14% YoY
🔹 Revenue: $1.43B (Est. $1.42B) 🟢; UP +9% YoY
🔹 Gross Margin: 56.2% (vs. 55.9% LY)
🔹 Operating Income: $326.5M
FY26 Guidance
🔹 Net Sales: ~$5.35B (Est. $5.45B) 🔴
🔹 EPS: $6.30–$6.39 (Est. $6.33) 🟡
🔹 Gross Margin: ~56%
🔹 Operating Margin: ~21.5%
Q2 Brand Performance
🔹 HOKA: $634.1M; UP +11% YoY
🔹 UGG: $759.6M; UP +10% YoY
🔹 Other Brands: $37.2M; DOWN -26% YoY (phase-out of Koolaburra)
Channel / Geographic Mix
🔹 Wholesale: $1.04B; UP +13% YoY
🔹 DTC: $395M; DOWN -1% YoY
🔹 Domestic: $839.5M; DOWN -2% YoY
🔹 International: $591.3M; UP +29% YoY
CEO Commentary (Stefano Caroti)
🔸 “HOKA and UGG delivered double-digit growth, reflecting strong international momentum.”
🔸 “Our innovative products and disciplined execution give us confidence in achieving FY26 goals.”


