Deckers Outdoor Q2 Beats Estimates On Top, Bottom Lines

Core Insights - Deckers Outdoor Corp. reported second-quarter earnings of $1.82 per share, exceeding the Street estimate of $1.57 by 16% [2] - Quarterly revenue reached $1.43 billion, surpassing the analyst estimate of $1.41 billion [2] Brand Performance - HOKA brand net sales increased by 11.1% to $634.1 million compared to $570.9 million [6] - UGG brand net sales rose by 10.1% to $759.6 million compared to $689.9 million [6] - Other brands experienced a decline in net sales by 26.5% to $37.2 million compared to $50.6 million [6] Sales Channels - Wholesale net sales grew by 13.4% to $1.036 billion compared to $913.7 million [6] - Direct-to-Consumer (DTC) net sales decreased by 0.8% to $394.6 million compared to $397.7 million [6] - DTC comparable net sales fell by 2.9% [6] Management Commentary - CEO Stefano Caroti highlighted strong performance and international momentum for HOKA and UGG brands, which delivered double-digit growth [4] - Caroti expressed confidence in the company's ability to achieve its fiscal year 2026 outlook and capture significant opportunities ahead [5] Financial Outlook - The company anticipates fiscal GAAP EPS of $6.30 to $6.39, slightly above the $6.28 estimate, and revenue of $5.35 billion, below the $5.45 billion analyst estimate [6]