Deckers Outdoor Corporation reported its first-ever billion-dollar first quarter, with companywide revenues up 5.7% to $1.02 billion in fiscal 2027, driven by continued momentum at HOKA and UGG. HOKA sales rose 7.7% year over year to $703.5 million, while UGG advanced 4.9% to $278 million. Direct-to-consumer sales climbed 13%, outpacing wholesale growth of 2.2%, and HOKA's global DTC revenues rose 17%, with the Clifton, Bondi, Speedgoat 7, Mach 7, Mafate Speed 2 and Skyward models collectively generating more than half of that DTC growth. UGG's DTC and wholesale revenues rose 6% and 5% respectively, led by international markets, particularly Asia, with men's products accounting for the largest share of incremental revenues. Deckers continues to expect low-double-digit HOKA growth and mid-single-digit UGG growth for fiscal 2027, with gross margin projected slightly above 56.5% and EPS guidance raised to $7.35-$7.50.
Deckers Outdoor CorporationDeckers reported its first billion-dollar Q1 with revenue up 5.7% and raised EPS guidance to $7.35-$7.50
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