Deckers Brands reported net sales of $1.02 billion for the first quarter of fiscal year 2027, marking the first time the company has exceeded $1 billion in quarterly revenue. HOKA sales rose 7.7% to $703.5 million, while UGG grew 4.9% to $278 million. Direct-to-consumer revenue increased 13% to $352.8 million, and wholesale revenue was up 2.2% to $666.7 million. The company raised its full-year diluted earnings per share guidance to a range of $7.35 to $7.50 and now expects gross margin slightly above 56.5%.
Deckers Outdoor CorporationDeckers reported record quarterly sales above $1B and raised EPS guidance, a positive earnings/financial event.