Deckers Outdoor Corporation (DECK) Earnings Call Transcripts

Deckers Outdoor Corporation's Latest Earnings Call - Q1 FY2027

In the first quarter of fiscal year 2027, Deckers Outdoor Corporation (DECK:US) reported a revenue of $1.02 billion, reflecting a 5.7% increase year-over-year, and diluted earnings per share (EPS) of $0.94, surpassing expectations. The strong performance was primarily driven by direct-to-consumer (DTC) sales, particularly from the HOKA brand, which saw a 17% increase in global DTC revenue. Management raised their fiscal year 2027 EPS guidance to a range of $7.35 to $7.50, citing improved gross margin expectations and continued strong consumer demand across both HOKA and UGG brands.

Reported metrics

Guidance from management

Management expects total company revenue for fiscal year 2027 to be between $5.86 billion and $5.91 billion, with HOKA projected to grow in low double digits and UGG in mid-single digits. EPS guidance was raised to $7.35 to $7.50 due to improved gross margin expectations.

What management said

Yes, Paul, on the Europe market, we continue to see high levels of demand for both brands. As I said in the opening remarks, we saw record levels of reorders for the HOKA brand in Q1. We've seen some timing differences, as Steve outlined before in Q1, but the demand continues to be robust really across all markets. Yes, the consumer in Europe is probably a bit more pressured than it is in the U.S. as a result of ene...

And then on the tariffs, Paul, you're right. Basically, recall last year, the inventory that we were selling through in Q1 did not have tariffs associated with that. The inventory that we're selling through in Q1 of this year did have tariffs on it. So that year-over-year headwind that we -- that I just called out is the tariffs that have impacted this year. Now as we move into the year, we'll start to have a more co...

What analysts pressed on

Analysts expressed concerns about the competitive landscape for HOKA, particularly with new entrants and recovering brands. They also inquired about the impact of tariffs on margins and how management plans to handle potential refunds.

Main topics on the call

• Record Revenue Achievement — Deckers achieved over $1 billion in revenue for the first time in Q1, with total revenue increasing 5.7% year-over-year. CEO Stefano Caroti noted, "Both HOKA and UGG maintained solid momentum and continued to capture hig...
• Strong DTC Performance — DTC sales increased by 13%, with HOKA's global DTC revenue growing 17%. Caroti emphasized, "Underlying consumer demand for our brands remains strong across international markets and domestically."
• Gross Margin Improvement — Gross margin increased to 56.4%, up 60 basis points from the previous year, attributed to favorable channel mix and full-price selling. CFO Steve Fasching stated, "Our gross margin primarily benefited from favorable chan...
• Guidance Increase — Management raised EPS guidance to $7.35-$7.50, reflecting a $0.05 increase due to improved gross margin expectations. Fasching mentioned, "We have increased our gross margin expectations to now be slightly better than 56...

Read the full Deckers Outdoor Corporation transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Deckers Outdoor Corporation earnings call transcripts on record, spanning January 30, 2020 to July 23, 2026. Based on this history, Deckers Outdoor Corporation reports quarterly. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

DECK

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Textiles, Apparel and Luxury Goods

Calls on record

28

First call

January 30, 2020

Most recent

July 23, 2026

Reporting cadence

quarterly