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DECK tops Q1 earnings and sales estimates and raises fiscal 2027 EPS guidance. However, tariff and freight headwinds send shares down 6%.
Deckers Outdoor delivered a solid quarter with 5.7% YoY revenue growth, led by Hoka (+7.7%) and UGG (+4.9%). Despite a 12.7% SG&A increase pressuring operating income, DECK's gross margin improved to 56.4%, and international sales rose 8.4%. At a P/E of 13x, DECK offers compelling value, especially given its growth profile, strong balance sheet, and optionality in underpenetrated markets.
Deckers Outdoor Corporation (DECK) Q1 2027 Earnings Call Transcript
Once Brent crude surged above $100/bbl, market fortunes were settled this trading day.
Deckers Outdoor NYSE: DECK reported first-quarter fiscal 2027 revenue above $1 billion for the first time in company history, as growth in its HOKA and UGG brands and continued strength in direct-to-consumer sales helped offset planned wholesale timing shifts.
The headline numbers for Deckers (DECK) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Deckers (DECK) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.93 per share a year ago.
The footwear and apparel company's sales rose 5.7%, buoyed by growing global demand for Hoka and Ugg.
Deckers Outdoor Corp (NYSE:DECK) is scheduled to report fiscal first-quarter earnings after the close on Thursday, July 23.
Deckers heads into Q1 earnings results with strong HOKA and UGG momentum, but tariffs and higher investment spending may have pressured profitability.