DECKERS OUTDOOR CORP (NYSE: DECK)

Introduction

Deckers Outdoor Corporation, founded in 1973 and headquartered in Goleta, California, designs and distributes footwear, apparel, and accessories under a portfolio of brands including UGG®, Teva®, HOKA®, Koolaburra®, and Ahnu®. The company operates in North America, Europe, and Asia-Pacific.

Corporate Structure

• Employees: 1,001–5,000 (global)
• Brand Portfolio:
  • UGG® (lifestyle and fashion)
  • Teva® (performance sandals)
  • HOKA® (performance running footwear)
  • Koolaburra® by UGG (accessible comfort)
  • Ahnu® (all-day performance)
• Global Offices:
  • Goleta, CA (Headquarters)
  • London, UK
  • Shanghai & Hong Kong, CN
  • Tokyo, JP
  • Additional sales and distribution offices across North America, Europe, and Asia

Developments and News

• Stock Price Movement (2025-05-23):
  • Last Trade: $100.52
  • Daily Change: –20.28%
  • Volume: 373,892 shares
• SEC Filings:
  • Form 8-K (2025-05-22): Items 2.02, 5.02, 7.01, 9.01 reported; financial highlights and governance updates available in full filing.
  • Form SD (2025-05-08): Conflict minerals disclosure; outlines due diligence, supplier audits, and participation in conflict-free smelter programs.
  • Schedule 13G/A (2025-04-17): BlackRock, Inc. holds 14,360,492 shares (9.5% of outstanding common stock), all in sole dispositive power.
• Earnings Date Range: July 23–28, 2025 (estimated)

Financial and Strategic Analysis

Metric	Value
Market Cap (intraday)	$19.14 B
Enterprise Value	$17.52 B
Revenue (TTM)	$4.92 B
Net Income (TTM)	$942.23 M
EPS (TTM)	$6.33
Trailing P/E	19.92
Price/Sales (TTM)	3.86
Price/Book (MRQ)	7.62
Profit Margin	19.14%
Return on Assets (TTM)	19.81%
Return on Equity (TTM)	39.80%
Total Cash (MRQ)	$2.24 B
Total Debt/Equity (MRQ)	9.77%
Levered Free Cash Flow (TTM)	$820.26 M

• Strategic Initiatives:
  • Focus on brand diversification across lifestyle and performance segments
  • Ongoing supplier due diligence for conflict minerals compliance
  • Investments in sustainability initiatives, including LEED projects and waste reduction programs
• Ownership & Governance:
  • BlackRock, Inc. is a significant institutional investor (9.5%)
  • Form 8-K disclosures include management commentary and future guidance

Market Position and Industry Context

• Sector: Consumer Goods – Apparel, Footwear & Accessories
• 52-Week Trading Range: $93.72 – $223.98
• Beta (5Y Monthly): 1.11
• Competitive Landscape: Deckers operates in a niche market with a focus on luxury and performance footwear. A significant portion of revenue is derived from the UGG® brand, which influences sales trends and seasonal demand cycles.
• Macro Considerations: Factors such as consumer spending patterns, global supply chain stability, and raw material costs remain relevant to the company's performance.

TL;DR

• Shares decreased 20.28% to $100.52 on May 23, 2025, with trading volume of 373,892.
• SEC filed Form 8-K on May 22 covering governance updates; Form SD on May 8 details conflict minerals due diligence.
• BlackRock reported a 9.5% stake in April 2025.
• Market cap: $19.14 B; TTM revenue: $4.92 B; EPS: $6.33; P/E: 19.92.
• Earnings expected between July 23–28, 2025. Potential challenges from consumer trends and supply chain issues.