Every material Form 8-K Deckers Brands filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Deckers reported second-quarter fiscal 2025 net sales of $1.311 billion, up 20.1%, and diluted earnings per share of $1.59, up from $1.14 a year earlier. The company raised its full-year fiscal 2025 revenue guidance to about $4.8 billion and its diluted EPS guidance to $5.15 to $5.25, which matters to shareholders because both headline forecasts moved higher.
Q2 fiscal 2025 net sales rose 20.1% to $1.311 billion; HOKA brand sales rose 34.7% to $570.9 million
Q2 diluted EPS was $1.59 versus $1.14, reflecting a six-for-one stock split during the quarter
Full-year fiscal 2025 guidance: net sales about $4.8 billion; diluted EPS $5.15 to $5.25
Cash and equivalents were $1.226 billion with no outstanding borrowings; $685.4 million remained under the buyback authorization
Deckers Brands stockholders approved a six-for-one forward stock split and a proportionate increase in authorized common stock at the September 9, 2024 annual meeting. The charter amendment took effect September 13, 2024, and trading is expected to begin on a split-adjusted basis on September 17, 2024, so shareholders will hold six shares for each share held on the September 6, 2024 record date.
Authorized common stock rises from 125,000,000 to 750,000,000 shares; total authorized capital stock rises from 130,000,000 to 755,000,000 shares.
Additional shares are expected to be distributed after market close on September 16, 2024; split-adjusted trading expected at market open on September 17, 2024.
Stockholders approved the 2024 Stock Incentive Plan (20,059,216 for, 1,047,340 against) and the 2024 Employee Stock Purchase Plan (21,057,364 for, 49,768 against).
The Board increased the authorized number of directors from ten to eleven, effective at the 2024 Annual Meeting; eleven directors were elected.
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.
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.
Deckers reported fourth-quarter and full fiscal 2024 results for the year ended March 31, 2024, with full-year net sales up 18.2% to $4.288 billion and diluted EPS up to $29.16 from $19.37. The company guided fiscal 2025 net sales to about $4.7 billion and diluted EPS to $29.50 to $30.00, implying modest EPS growth from fiscal 2024.
Full-year fiscal 2024 net sales rose 18.2% to $4.288 billion; diluted EPS was $29.16 versus $19.37
Fourth-quarter diluted EPS was $4.95 versus $3.46; HOKA brand net sales rose 34.0% to $533.0 million
Fiscal 2025 outlook: net sales up about 10% to $4.7 billion; diluted EPS of $29.50 to $30.00, excluding future buybacks
As of March 31, 2024, about $941.7 million remained under the stock repurchase authorization
Deckers announced that CEO Dave Powers will retire effective August 1, 2024, and that Chief Commercial Officer Stefano Caroti will succeed him as President and CEO on that date. Powers is expected to remain on the board, and Caroti's pay package includes a $1,200,000 base salary and approximately $6,000,000 in equity awards, which matters to shareholders because it changes the company's top executive.
Dave Powers retires as President and CEO effective August 1, 2024, and is expected to stay on the board.
Stefano Caroti, age 60, becomes President and CEO effective August 1, 2024; he joined as Chief Commercial Officer in April 2023.
Caroti's compensation includes a $1,200,000 annual base salary, a target cash incentive of 150% of base salary, and approximately $6,000,000 in equity awards.
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.
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.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Deckers Brands filing is on SEC EDGAR ↗. 8-K briefs of other companies →