Q4 2026 Deckers Outdoor Corp Earnings Call Transcript
Key Points
- Deckers Outdoor Corp (DECK) reported a record revenue of $5.47 billion for fiscal year 2026, marking a 10% increase from the previous year.
- The HOKA brand achieved its largest quarter ever, with a 16% increase in global revenue, reaching nearly $2.6 billion.
- UGG brand revenue increased by 8% to $2.7 billion, driven by a diversified product mix and broader consumer engagement.
- Deckers Outdoor Corp (DECK) maintained high gross margins and investment discipline, delivering operating margins above 23%.
- The company repurchased $1.075 billion worth of shares, contributing to a record diluted earnings per share of $7.02, an 11% increase from the previous year.
- Deckers Outdoor Corp (DECK) faces ongoing challenges from tariffs, which accounted for an 80 basis point decline in gross margin year-over-year.
- The company anticipates higher freight costs and increased input costs due to inflationary pressures, impacting gross margins in fiscal year 2027.
- Deckers Outdoor Corp (DECK) expects an operating margin of approximately 21.5% for fiscal year 2027, reflecting a decrease from the previous year's margin.
- The macroeconomic environment remains uncertain, with potential impacts on consumer purchasing behavior and overall market conditions.
- Deckers Outdoor Corp (DECK) is not assuming any tariff refunds in its fiscal year 2027 guidance, which could affect financial outcomes if not realized.
Good afternoon, everyone. Welcome to the Deckers Brands Fourth Quarter Fiscal 2026 Earnings Call. (Operator Instructions) And I would like to remind everyone that this conference call is being recorded. I would now like to turn the call over to Ms. Erinn Kohler, Vice President, Investor Relations and Corporate Planning. Please go ahead, ma'am.
Hello, and thank you, everyone, for joining us today. On the call is Stefano Caroti, President and Chief Executive Officer; and Steve Fasching, Chief Financial Officer.
Before we begin, I would like to remind everyone of the company's safe harbor policy. Please note that certain statements made on this call are forward-looking statements within the meaning of the federal securities laws, which are subject to considerable risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995.
All
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
