Deckers raises FY2026 EPS outlook to $6.80-$6.85 after record Q3 revenue of $1.96 billion
Deckers reported record third-quarter fiscal 2026 net sales of $1.958 billion, up 7.1%, and diluted earnings per share of $3.33, up 11% from $3.00. The company raised its full-year fiscal 2026 diluted EPS guidance to $6.80 to $6.85 and its HOKA and UGG revenue growth outlooks, and expects share repurchases to exceed $1.0 billion for the year.
- Q3 net sales rose 7.1% to $1.958 billion; HOKA rose 18.5% to $628.9 million and UGG rose 4.9% to $1.305 billion.
- Q3 gross margin was 59.8%, down from 60.3% a year earlier; operating income rose to $614.4 million from $567.3 million.
- Full-year fiscal 2026 net sales outlook is $5.400 billion to $5.425 billion; gross margin is now expected to be approximately 57%.
- Repurchased about 8.0 million shares for $813.5 million in the first nine months; about $1.8 billion remained under the authorization as of December 31, 2025.