DECKERS OUTDOOR CORP 8K

Deckers Brands reported higher Q1 FY 2027 revenue and EPS, executed significant share repurchases, and modestly raised its full-year FY 2027 earnings and margin guidance while reaffirming sales expectations.

Deckers Brands filed a Form 8-K to furnish its Q1 fiscal 2027 financial results and updated outlook, reporting net sales of approximately $1.02 billion (up 5.7% year over year), diluted EPS of $0.94 (slightly above $0.93 in the prior-year quarter), and continued strength in its HOKA and UGG brands across both wholesale and direct-to-consumer channels and domestic and international markets. The company highlighted improved gross margin (56.4% vs. 55.8%), higher SG&A expenses, and operating income of $155.3 million, while maintaining a debt-free balance sheet with $1.6 billion in cash and lower inventories versus the prior year. Deckers repurchased about 3.3 million shares for $338.2 million in the quarter and now has roughly $4.7 billion remaining under its repurchase authorization. For the full fiscal year ending March 31, 2027, management reaffirmed net sales guidance of $5.86–$5.91 billion, modestly raised gross and operating margin expectations, and increased diluted EPS guidance by $0.05 to a range of $7.35–$7.50, assuming share repurchases equal to approximately 80% of projected free cash flow, while cautioning that macroeconomic, geopolitical, and FX risks could impact results.

Filing Facts

CIK

910521

Ticker

-

Form

8K

Source Type

sec

Accession

0000910521-26-000015

Alert Tier

7