AI brief of an SEC Form 8-K · Deckers Brands (DECK)

Deckers raises FY2024 outlook after record Q3 revenue of $1.56 billion and EPS of $15.11

Positive Impact 4 of 5 earnings Written later

Deckers reported record third-quarter fiscal 2024 results for the quarter ended December 31, 2023, with net sales up 16.0% to $1.560 billion and diluted EPS of $15.11, compared with $10.48 a year earlier. The company raised its full-year fiscal 2024 revenue and diluted EPS guidance, which indicates higher expected profit for shareholders.

Key points

  • Net sales rose 16.0% to $1.560 billion from $1.346 billion; DTC net sales rose 22.7% and wholesale rose 8.6%.
  • Diluted EPS was $15.11 versus $10.48; gross margin was 58.7% versus 53.0%.
  • Fiscal 2024 diluted EPS guidance was raised to $26.25 to $26.50, and net sales are now expected to be about $4.15 billion.
  • The company repurchased about $99.7 million of its stock in the quarter and had about $1.046 billion remaining under its repurchase authorization as of December 31, 2023.

The filing

CompanyDeckers Brands (DECK)
Form8-K, current report
Filed with the SECFeb 1, 2024, 4:07 PM ET
Accession number0000910521-24-000003

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 01, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.