Deckers Outdoor Reports Record Q3 Results, Raises FY26 Guidance & Boosts Share Repurchase Plan

summarizeSummary

Deckers Outdoor reported record Q3 FY2026 financial results, driven by strong UGG and HOKA brand performance, and raised its full fiscal year 2026 outlook for revenue and EPS, alongside a substantial share repurchase plan.

check_boxKey Events

• Record Q3 Financial Performance

  Net sales increased 7.1% to $1.958 billion, and diluted EPS rose 11% to $3.33, both representing record highs for the third fiscal quarter ended December 31, 2025.

• Strong Brand Growth

  HOKA brand net sales surged 18.5% to $628.9 million, while UGG brand net sales increased 4.9% to $1.305 billion, reflecting significant global demand.

• Raised Full-Year FY26 Guidance

  The company updated its financial outlook for the fiscal year ending March 31, 2026, raising net sales expectations to a range of $5.400 billion to $5.425 billion and diluted EPS guidance to $6.80 to $6.85.

• Increased Share Repurchase Program

  Deckers expects total share repurchases for fiscal year 2026 to exceed $1.0 billion, having already repurchased $813.5 million through the first nine months.

auto_awesomeAnalysis

Deckers Outdoor Corporation delivered strong third-quarter fiscal year 2026 results, achieving record revenue and diluted earnings per share, driven by robust demand for its UGG and HOKA brands. The company subsequently raised its full fiscal year 2026 guidance for both net sales and diluted EPS, signaling continued positive momentum. Additionally, the expectation to exceed $1.0 billion in share repurchases for the fiscal year demonstrates a significant commitment to returning capital to shareholders, reinforcing investor confidence.