A footwear company behind some of the world's most recognizable shoe brands, including UGG's sheepskin boots, HOKA's cushioned running shoes, and Teva's sport sandals. It began in 1973 when two friends started selling flip-flops in Southern California; the name "Deckers" came after co-founder Doug Otto visited Hawaii and heard locals call his striped sandals "deckas," a nod to their layered, deck-like construction. The company later grew by snapping up brands like UGG, founded by an Australian surfer who moved to California.
Deckers Brands reports record Q3 FY2026 revenue of $1.96B, up 7%, and diluted EPS of $3.33, up 11%.
Third quarter fiscal 2026 net sales increased 7.1% to $1.958 billion from $1.827 billion in the prior year period.
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HOKA brand net sales rose 18.5% to $628.9 million, while UGG brand net sales increased 4.9% to $1.305 billion.
Diluted earnings per share for the quarter was $3.33, up from $3.00 in the same quarter last year.
The company raised its full fiscal year 2026 guidance: net sales expected between $5.400 billion and $5.425 billion, and diluted EPS between $6.80 and $6.85.
Deckers expects full fiscal year 2026 share repurchases to exceed $1.0 billion.
During the third quarter, the company repurchased approximately 3.8 million shares for $348.5 million at a weighted average price of $92.36 per share.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Deckers Outdoor stockholders elect 10 directors and approve KPMG and executive compensation at 2025 annual meeting
Stockholders elected all ten director nominees, with each receiving a majority of votes cast; Lauri M. Shanahan received the lowest support at 108,640,989 for and 12,676,437 against.
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Deckers Outdoor Corporation held its 2025 Annual Meeting of Stockholders virtually on September 8, 2025.
Stockholders ratified the selection of KPMG LLP as the independent registered public accounting firm for fiscal year ending March 31, 2026, with 121,640,390 votes for and 8,345,006 against.
Stockholders approved, on a non-binding advisory basis, the compensation of named executive officers, with 112,503,822 votes for and 7,236,879 against.
Approximately 88% of outstanding shares (130,014,982 of 148,343,362) were present or represented by proxy at the meeting.
5.07 Submission of Matters to a Vote of Security Holders
Deckers Brands reports Q1 FY2026 revenue up 17% to $965 million, EPS up 24% to $0.93
First quarter fiscal 2026 net sales increased 16.9% to $964.5 million from $825.3 million in the prior year period.
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Diluted earnings per share for the first quarter was $0.93, up from $0.75 in the same period last year.
HOKA brand net sales increased 19.8% to $653.1 million, and UGG brand net sales increased 18.9% to $265.1 million.
For the second fiscal quarter ending September 30, 2025, the company expects net sales between $1.38 billion and $1.42 billion and diluted EPS between $1.50 and $1.55.
Dave Powers is retiring from the Board of Directors, and Patrick J. Grismer has been nominated for election to the Board at the 2025 Annual Meeting.
2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Deckers Outdoor appoints Cindy Davis as Board Chair, succeeding retiring Mike Devine
Michael (Mike) F. Devine, III retires from the Board after over 14 years, including six years as Chair.
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Cynthia (Cindy) L. Davis appointed Chair of the Board, effective May 22, 2025.
Davis steps down from Talent & Compensation and other committees; Victor Luis named Chair of Talent & Compensation Committee.
Board size reduced from 11 to 10 members, effective May 22, 2025.
Davis and Luis will receive compensation per standard non-employee director policy.
2.02 Results of Operations and Financial Condition · 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Deckers Brands Q3 FY2025 revenue rose 17% to record $1.83B; EPS up 19% to $3.00
Net sales increased 17.1% to $1.827 billion for the three months ended December 31, 2024, compared to $1.560 billion in the prior-year period.
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Diluted earnings per share was $3.00, up from $2.52 in the same quarter last year.
Gross margin expanded to 60.3% from 58.7% in the prior-year period.
UGG brand net sales rose 16.1% to $1.244 billion; HOKA brand net sales increased 23.7% to $530.9 million.
The company raised its full fiscal year 2025 outlook, now expecting net sales growth of approximately 15% to $4.9 billion and diluted EPS in the range of $5.75 to $5.80.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits