Deckers Outdoor (NYSE:DECK) Announces FY 2027 Earnings Guidance

Deckers Outdoor (NYSE:DECK) issued an update on its FY 2027 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 7.800-7.950 for the period, compared to the consensus EPS estimate of 7.520. The company issued revenue guidance of $5.7 billion, compared to the consensus revenue estimate of $5.9 billion.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, July 24th. Robert W. Baird set a $95.00 price target on Deckers Outdoor in a research note on Friday. Wolfe Research started coverage on Deckers Outdoor in a research report on Wednesday. They issued a “peer perform” rating for the company. Stifel Nicolaus lowered their target price on shares of Deckers Outdoor from $133.00 to $113.00 and set a “buy” rating for the company in a research note on Friday. Finally, The Goldman Sachs Group reaffirmed a “sell” rating on shares of Deckers Outdoor in a research report on Friday. Nine equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $105.95.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $81.58 on Friday. The firm has a 50 day simple moving average of $83.67 and a 200-day simple moving average of $97.00. Deckers Outdoor has a 1-year low of $77.20 and a 1-year high of $122.29. The stock has a market cap of $11.11 billion, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 1.33 and a beta of 1.12.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The business’s revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.93 EPS. Equities analysts expect that Deckers Outdoor will post 7.50 earnings per share for the current fiscal year.

Key Deckers Outdoor News

Here are the key news stories impacting Deckers Outdoor this week:

• Positive Sentiment: Deckers exceeded quarterly earnings expectations, with profit increasing year over year. HOKA revenue rose 7% to $677 million, while wholesale sales increased 9%, demonstrating continued demand for the brand. Deckers Beats Q2 Earnings Estimates
• Positive Sentiment: Stifel Nicolaus and Needham retained “buy” ratings despite lowering their price targets to $113 and $96, respectively. The revised targets still imply potential upside from the current trading level. Analysts Lower Deckers Forecasts
• Neutral Sentiment: Deckers appointed Rati Sahi Levesque to its board of directors, adding retail and brand-management experience but providing limited immediate impact on earnings. Deckers Appoints Rati Sahi Levesque to Board
• Negative Sentiment: Second-quarter revenue of approximately $1.48 billion increased about 3.5% year over year but fell short of the roughly $1.51 billion analyst estimate. Slower HOKA and UGG growth weakened the headline result. Deckers Q2 Revenue Miss
• Negative Sentiment: The company cut fiscal 2027 revenue guidance to approximately $5.7 billion-$5.73 billion and projected EPS of $7.80-$7.95. Higher U.S. promotions and aggressive discounting by competitors are raising concerns about demand and future margins. Deckers Results Show Discounts Hitting Premium Brands

About Deckers Outdoor

Deckers Outdoor Corporation, doing business as Deckers Brands (NYSE: DECK), is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual footwear; HOKA, which focuses on performance and running shoes; Teva, which offers outdoor and sport sandals and footwear; and Koolaburra by UGG, a lifestyle footwear brand.

The company sells its products through department and specialty stores, independent retailers, international distributors, company-owned retail stores and e-commerce websites.