Deckers Outdoor tops Q4 revenue estimates fueled by boost in HOKA and UGG sales

Deckers Outdoor

21/05/2026 21:16

Overview

U.S. footwear and apparel maker's Q4 revenue rose 10%, beating analyst expectations

Diluted EPS for Q4 fell to $0.96 from $1.00 a year earlier

Company increased share repurchase authorization by $3.5 bln to about $5 bln

Outlook

Deckers sees FY 2027 net sales between $5.86 bln and $5.91 bln

Company expects FY 2027 diluted EPS of $7.30-$7.45

Deckers projects FY 2027 gross margin of about 56.5% and operating margin of about 21.5%

Result Drivers

HOKA AND UGG GROWTH - Q4 revenue gains were led by a 14.5% increase in HOKA sales and a 9.2% rise in UGG sales

INTERNATIONAL SALES - International net sales jumped 25.5% while domestic sales were nearly flat

OTHER BRANDS DECLINE - Net sales for Other brands fell 35.6%, mainly due to the phase-out of Koolaburra standalone operations and the sale of Sanuk

Company press release: ID:nBw5JZQTfa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$1.12 bln
$1.09 bln (19 Analysts)
Q4 EPS
$0.96
Q4 Gross Margin
57.60%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 11 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the footwear peer group is "buy"

Wall Street's median 12-month price target for Deckers Outdoor Corp is $129.00, about 31.3% above its May 20 closing price of $98.24

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)