Deckers Outdoor ( (DECK) ) has released its Q3 earnings. Here is a breakdown of the information Deckers Outdoor presented to its investors.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Deckers Brands is a prominent global company specializing in the design, marketing, and distribution of innovative footwear, apparel, and accessories, with a strong emphasis on both casual lifestyle and high-performance activities.
In its most recent earnings report, Deckers Brands announced a robust performance for the third quarter of fiscal year 2025, with record revenue and earnings. The company reported a 17% increase in revenue to $1.83 billion and a 19% rise in diluted earnings per share to $3.00, highlighting significant growth across its key brands, particularly UGG and HOKA.
The report detailed a 17.1% increase in net sales compared to the same period last year, with a notable rise in direct-to-consumer sales and a significant boost in international sales. The UGG brand saw a 16.1% increase in net sales, while HOKA experienced a 23.7% growth. The company also reported improvements in gross margin and operating income, alongside strategic stock repurchases.
Looking ahead, Deckers Brands has raised its revenue and earnings guidance for the full fiscal year 2025, expecting a 15% increase in net sales to approximately $4.9 billion. The company remains committed to maintaining high operating margins and leveraging its brand strength to drive continued growth, even amidst potential economic uncertainties.
Overall, Deckers Brands demonstrates strong financial health and strategic momentum as it enters the final quarter of its fiscal year, positioning itself well for sustained success in the competitive footwear and apparel market.
