Core Viewpoint - Deckers has demonstrated solid growth despite skepticism from Wall Street, with significant stock performance since its IPO in 1993, showing a 9,660% increase, which is more than double that of Nike during the same period [1] Financial Performance - Deckers reported third-quarter revenue growth of 7.1% to $1.96 billion, surpassing the consensus estimate of $1.87 billion [5] - Hoka sales increased by 18.5% to $628.9 million, while Ugg sales rose by 4.9% to $1.31 billion [5] - Operating income grew by 8.3% to $614.4 million, resulting in an operating margin of 31%, and earnings per share (EPS) increased by 11% to $3.33, exceeding expectations of $2.76 [6] Market Dynamics - Deckers faced challenges from tariffs and weak consumer discretionary spending in the U.S., leading to a 46% decline in stock value over the past year [3][4] - However, the company showed improvement in both wholesale and direct-to-consumer channels, with domestic sales recovering to 2.7% growth and international sales up by 15% [7] Future Guidance - Management raised its fiscal year revenue guidance to $5.4 billion-$5.425 billion, with Hoka expected to grow by a mid-teens percentage and Ugg by a mid-single-digit percentage [8] - Projected EPS for the fiscal year is now $6.80-$6.85, up from previous guidance of $6.30-$6.39 [8] Valuation and Sentiment - Deckers' stock is currently trading at a price-to-earnings ratio of 17, which is attractive compared to the S&P 500's P/E ratio of around 28 [11] - The company has consistently beaten earnings estimates over the last four quarters, with a cumulative surprise of 26% [10] Strategic Outlook - The strong Q3 results suggest a solid outlook for fiscal 2027, with potential acceleration in growth due to the removal of a $110 million tariff headwind and successful new product launches [12]

Core Insights - A rotation in the market is occurring as investors are moving away from large-cap tech stocks, such as Microsoft [1] Group 1 - The Q4 earnings season is characterized by volatility, highlighting a significant trend in investor behavior [1] - Investors are increasingly shunning large-cap technology stocks, indicating a shift in market sentiment [1]

Key Takeaways DECK beat Q3 earnings and sales estimates, with EPS rising to $3.33 and revenues up 7.1% y/y.DECK saw strong brand momentum, led by HOKA's 18.5% sales growth across DTC and wholesale channels.DECK raised the FY26 view, citing improved margins, higher EPS expectations and continued brand strength.Deckers Outdoor Corporation (DECK) reported impressive third-quarter fiscal 2026 results, with the top and bottom lines beating estimates and increasing year over year. Management highlighted strong br ...

Core Viewpoint - Deckers Outdoor Corp (DECK) has demonstrated strong financial performance, particularly through its HOKA and UGG brands, leading to increased revenue expectations and a solid market presence [2][3][4]. Financial Performance - DECK reported a 7% increase in revenue for the third quarter, reaching $1.96 billion compared to the previous year [2][6]. - HOKA's revenue surged by 18% to $629 million, with balanced growth across direct-to-consumer and wholesale channels [2]. - The UGG brand achieved a record revenue of $1.3 billion, marking a 5% increase from the previous year [3]. Gross Margin and Pricing Strategy - DECK maintained high levels of full-price selling, contributing to a gross margin of 59.8%, which exceeded expectations [3]. - Piper Sandler set a price target of $95 for DECK, indicating a slight overvaluation based on the current stock price of $99.90 [6]. Revenue Expectations - The company raised its full-year revenue expectations to a range of $5.4 billion to $5.425 billion, reflecting confidence in continued growth [4][6]. Market Presence - DECK's stock has fluctuated between a low of $97 and a high of $100.26, with a recent price change of $2.28, a 2.34% increase [4]. - The company's market capitalization is approximately $14.82 billion, with a trading volume of 5,749,749 shares, highlighting strong market presence and investor interest [5].

在运动鞋服品牌集体步入"去库存"与"调预期"的周期性博弈时，拥有HOKA和UGG的Deckers似乎还在 自己的节奏里。 Deckers近日发布2026财年第三季度（截至2025年12月31日）财务业绩。在覆盖了整个欧美传统消费旺 季的三个月里，公司实现净销售额19.58亿美元，同比增长7.1%。 其中UGG表现趋于稳健，本季度净销售额为13.05亿美元，同比增长4.9%。 而近年来持续主导增长引擎的HOKA净销售额达到6.289亿美元，同比增速回升至18.5%。 对比上季度11.1%的增速，HOKA的超预期反弹，很大程度受益于DTC（直面消费者）渠道以及国际市 场的增长。 本季度，Deckers在国际市场增速更是达15%，远高于美国本土市场2.7%的增长。 根据Deckers此前的会议纪要，中国已成为HOKA国际业务增长最核心的驱动力。 不同于早期仅靠"硬核跑鞋"圈粉，HOKA在中国正通过"轻重结合"的渠道策略，完成对新中产消费者的 深度渗透。 据管理层此前披露，HOKA在中国合伙人门店的销售达成率远超预期，为后续扩大门店密度提供了坚实 的数据支撑。 与此同时，品牌通过在核心商圈开设直营旗舰店，辅以高频的线 ...

January 30, 2026 09:52 AM EST The Stock Price of Hoka and UGG Maker Deckers Outdoor Is Soaring Today. Here's Why FROM 23 minutes ago A shoemaker's stock is running to its highest point in months Friday. Deckers Outdoor (DECK) shares surged 11% in early trading after the parent company of Hoka running shoes and UGG boots reported better fiscal third quarter results than expected. Entering Friday's session, Deckers Outdoor stock had lost more than half of its value over the past 12 months. Justin Sulliv ...

I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a ...

Deckers Outdoor Corp (NYSE:DECK) shares up 15.1% to trade at $114.97 at last check, after the company reported a fiscal third-quarter beat with earnings per share of $3.33 and revenue of $1.96 billion. The footwear giant also lifted it annual sales and profit forecasts. No fewer than eight analysts chimed in with price-target hikes, including one from UBS to $161 to $157.The brokerage bunch leans bearish on Deckers stock, with 16 of the 26 analysts rating it a "hold" or worse. Meanwhile the 12-month consens ...

Revenue Increase: Deckers reported a 7% increase in revenue, reaching $1.96 billion, driven by its HOKA and UGG brands.Gross Margin Improvement: Achieved a gross margin of 59.8%, surpassing expectations due to high levels of full-price selling.Full-Year Revenue Expectations Raised: Deckers raised its full-year revenue expectations to a range of $5.4 billion to $5.425 billion.Deckers Outdoor Corp, listed on the NYSE:DECK, is a prominent player in the footwear and apparel industry. Known for its popular brand ...

Core Insights - Deckers Outdoor stock surged 11% after reporting better-than-expected fiscal third-quarter results, with earnings of $3.33 per share and revenue of $1.96 billion, both exceeding analyst estimates [1][1][1] - Sales for Hoka running shoes and UGG boots increased by 18% and 5% respectively compared to the same period last year [1][1][1] - The company raised its full fiscal year sales forecast to between $5.4 billion and $5.425 billion, and EPS to a range of $6.80 to $6.85, surpassing previous projections [1][1][1] Financial Performance - Deckers reported a significant recovery in stock price after a year of decline, with shares down 55% over the past 12 months but trading at $111, the highest level since September [1][1][1] - The company faced previous concerns regarding tariffs affecting margins and consumer demand, but the latest quarterly report indicates strong sales growth, alleviating some of these worries [1][1][1] Growth Potential - CEO Stefano Caroti highlighted the "meaningful untapped global opportunities for Hoka," indicating potential for continued sales growth both domestically and internationally [1][1][1] - The brand's effective marketplace management is expected to support its status as the fastest-growing brand within Deckers [1][1][1]