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.
Key points
- 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.
The filing
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 January 29, 2026.
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.