Form 10-Q · Quarterly report

Deckers Brands 10-Q, filed Jul 30, 2026

Filed
CIK
0000910521
Accession no.
0000910521-26-000022
AI-generated summary

Summary

Deckers Brands reported net sales of $1.02 billion for the three months ended June 30, 2026, up 5.7% from a year earlier, with HOKA brand sales up 7.7% to $703.5 million and UGG up 4.9% to $278.0 million, while other brands fell 18.1%. Income from operations declined 6.0% to $155.3 million as SG&A rose 12.7%, and diluted earnings per share rose 1.1% to $0.94; the company also said it has begun filing for refunds of roughly $120 million in previously paid IEEPA tariffs and does not expect mitigation efforts to fully offset expected tariff costs this fiscal year.

Key points

  • Net sales rose 5.7% to $1,019,531 thousand, with DTC channel sales up 13.0% and wholesale up 2.2%.
  • Gross margin increased 60 basis points to 56.4%, while operating margin fell 190 basis points to 15.2%.
  • International net sales rose 8.4% to $502.1 million and domestic rose 3.2% to $517.4 million.
  • Deckers has not recognized any IEEPA tariff refunds or related interest in its financial statements.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

ITEM 2. MANAGEMENT’S DISCUSSION Overview We are a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories developed for both everyday casual lifestyle use and high-performance activities. We market our products primarily under three proprietary brands: HOKA, UGG, and Teva. Our brands compete across the fashion and casual lifestyle, performance, running, and outdoor markets. We believe our products are distinctive and appeal to a broad demographic. …

An excerpt of the text as filed with the SEC, cut for length.

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