Business
Deckers Brands Reports Fourth Quarter and Full Fiscal Year 2026 Financial Results
Deckers Brands Reports Fourth Quarter and Full Fiscal Year 2026 Financial
About this update from Deckers Outdoor Corporation
[{"type":"text","content":"\nDeckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2026. The Company also provided its financial outlook for the full fiscal year ending March 31, 2027 and a multi-year financial framework for the fiscal years ending March 31, 2028 through March 31, 2030.\n\n\n“Fiscal 2026 was another record year for Deckers, with revenue and earnings growth powered by the continued momentum of HOKA and the enduring strength of UGG,” said Stefano Caroti, President and Chief Executive Officer. “Our focus on brand building, product innovation and category leadership, along with marketplace execution continues to drive full-price demand across an expanding global audience, underscoring the long-term potential of our portfolio. We are confident in our ability to deliver compelling value for years to come, further reinforcing our competitive posture as an industry leader.\"\n\n\nFourth Quarter Fiscal 2026 Financial Review (Compared to the Same Period Last Year)Net sales increased 9.6% to $1.119 billion compared to $1.022 billion. On a constant currency basis, net sales increased 7.7%.\nBrand\nHOKA® brand net sales increased 14.5% to $671.2 million compared to $586.1 million.\n\n\n\nUGG® brand net sales increased 9.2% to $408.6 million compared to $374.3 million.\n\n\n\nOther brands net sales decreased 35.6% to $39.5 million compared to $61.3 million.\n\nChannel\nWholesale net sales increased 7.1% to $654.9 million compared to $611.6 million.\n\n\n\nDirect-to-Consumer (DTC) net sales increased 13.2% to $464.4 million compared to $410.2 million. DTC comparable net sales increased 8.2%.\n\nGeography\nDomestic net sales increased 0.3% to $649.8 million compared to $647.7 million.\n\n\n\nInternational net sales increased 25.5% to $469.5 million compared to $374.1 million.\n\nGross margin was 57.6% compared to 56.7%.\n\nSelling, General, and Administrative (SG&A) expenses were $487.9 million compared to $405.8 million.\n\nOperating income was $156.7 million compared to $173.9 million.\n\nDiluted earnings per share was $0.96 compared to $1.00.\n\n\nFull Fiscal Year 2026 Financial Review (Compared to the Same Period Last Year)Net sales increased 9.8% to $5.472 billion com...