Deckers raises FY2025 EPS outlook to $29.75-$30.65 after 87% Q1 diluted EPS rise
Deckers reported first-quarter fiscal 2025 results for the quarter ended June 30, 2024, with net sales up 22.1% to $825.3 million and diluted EPS up 87% to $4.52. The company raised its full-year fiscal 2025 diluted EPS guidance to $29.75 to $30.65, and said it expects to divest the Sanuk brand in August 2024.
Key points
- Q1 net sales rose 22.1% to $825.3 million; HOKA brand net sales rose 29.7% to $545.2 million.
- Q1 diluted EPS was $4.52, compared with $2.41 a year earlier; operating income was $132.8 million versus $70.7 million.
- Fiscal 2025 diluted EPS guidance is now $29.75 to $30.65; the company now expects gross margin of about 54%.
- Stefano Caroti is set to become President and CEO next week, succeeding Dave Powers.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing 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 July 25, 2024.
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