Company Earnings Report - Deckers Outdoor Corporation (DECK) for the First Quarter of 2026, as spoken in the conference call

Company Earnings Report - Deckers Outdoor Corporation (DECK) for the First Quarter of 2026, as spoken in the conference call

Deckers Outdoor Corporation (NYSE: DECK) has announced impressive growth in its first quarter of fiscal 2026. The company reported a 17% increase in net sales, reaching $965 million, and a 24% increase in EPS to $0.93 per diluted share [1][3].

The conference call, being conducted by Erinn Kohler, Vice President of Investor Relations & Corporate Planning, saw the participation of key executives including Stefano Caroti, CEO, President & Director, and Steven J. Fasching, Chief Financial Officer [2].

The strong performance was primarily driven by the flagship brands HOKA and UGG, which together accounted for 95% of total sales [1]. HOKA sales jumped 20% to $653 million, while UGG revenue grew 19% to $265 million [1]. Both brands delivered double-digit percentage gains, with wholesale demand surging nearly 27% in the quarter [1].

While U.S. demand was softer, international sales increased by 50% year-over-year, helping to offset domestic sluggishness [1]. Management highlighted global demand—especially for HOKA—as a key contributor to the quarter’s record results [1].

Despite a minor decline in gross margin, Deckers managed to increase operating income through disciplined cost controls [1].

The Q1 2026 earnings call emphasised the strength of international expansion and the robust performance of HOKA and UGG, with executives attributing growth to effective brand positioning and operational execution [4]. Management also noted the importance of global reach in sustaining momentum amid a challenging U.S. retail environment [1].

Key Takeaways

• Record Revenue and Earnings: Deckers posted $965 million in revenue, $139 million in net income, and $0.93 in diluted EPS—all comfortably ahead of expectations [1][2][3].
• Brand Strength: HOKA and UGG remain the twin engines of growth, with both brands showing resilience across channels and geographies [1].
• International Markets: Significant international expansion, particularly in HOKA, compensated for weaker U.S. trends [1].
• Operational Discipline: Despite margin pressure, improved operating income reflects effective cost management [1].

A summary table provides a clear overview of the financial metrics:

| Metric | Q1 2026 Actual | Year-over-Year Change | |-----------------------|---------------|-----------------------| | Revenue | $965 million | +17% | | Net Income | $139 million | +20% | | Diluted EPS | $0.93 | +24% | | HOKA Revenue | $653 million | +20% | | UGG Revenue | $265 million | +19% | | Int’l Sales | Not specified | +50% |

Deckers’ Q1 2026 results highlight the company’s continued momentum, driven by global brand demand and disciplined execution, positioning it well for sustained growth in a competitive footwear and apparel market [1][3].

Further details about the company's first quarter fiscal 2026 earnings are expected to be discussed during the ongoing conference call.

[1] Deckers Outdoor Corporation Press Release [2] Yahoo Finance [3] Seeking Alpha [4] Transcript of the conference call

Investors may find Deckers' financial strategy appealing, given the company's significant growth in net sales and EPS, largely due to the performance of flagship brands HOKA and UGG in both domestic and international markets [1]. The pursuit of environmentally responsible practices in finance could also be an attractive factor for those interested in socially responsible investing, as Deckers has emphasized the importance of global reach and operational discipline in maintaining growth [1]. In the business realm, Deckers' achievement of record revenue and earnings offers a strong case for continued investment in this thriving footwear and apparel company [1].

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