DECK

EX-99.1

2 deckex991pressrelease-3312.htm

EX-99.1

Document

Exhibit 99.1

DECKERS BRANDS REPORTS FOURTH QUARTER AND FULL FISCAL YEAR 2026 FINANCIAL RESULTS

•FOURTH QUARTER FY 2026 REVENUE INCREASED 10% TO A RECORD $1.12 BILLION

•FULL YEAR FY 2026 REVENUE INCREASED 10% TO A RECORD $5.47 BILLION

•FULL YEAR FY 2026 DILUTED EPS INCREASED 11% TO A RECORD $7.02

•GUIDES FY 2027 REVENUE GROWTH OF HIGH-SINGLE-DIGIT PERCENTAGES

•GUIDES FY 2027 DILUTED EPS RANGE OF $7.30-$7.45

•COMPANY PROVIDES MULTI-YEAR FRAMEWORK THROUGH FISCAL YEAR 2030

•SHARE REPURCHASE AUTHORIZATION INCREASED BY AN ADDITIONAL $3.5 BILLION, BRINGING THE NEW TOTAL TO APPROXIMATELY $5 BILLION

Goleta, California (May 21, 2026) -- Deckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2026. The Company also provided its financial outlook for the full fiscal year ending March 31, 2027 and a multi-year financial framework for the fiscal years ending March 31, 2028 through March 31, 2030.

“Fiscal 2026 was another record year for Deckers, with revenue and earnings growth powered by the continued momentum of HOKA and the enduring strength of UGG,” said Stefano Caroti, President and Chief Executive Officer. “Our focus on brand building, product innovation and category leadership, along with marketplace execution continues to drive full-price demand across an expanding global audience, underscoring the long-term potential of our portfolio. We are confident in our ability to deliver compelling value for years to come, further reinforcing our competitive posture as an industry leader."

Fourth Quarter Fiscal 2026 Financial Review (Compared to the Same Period Last Year)

•Net sales increased 9.6% to $1.119 billion compared to $1.022 billion. On a constant currency basis, net sales increased 7.7%.

◦Brand

▪HOKA® brand net sales increased 14.5% to $671.2 million compared to $586.1 million.

▪UGG® brand net sales increased 9.2% to $408.6 million compared to $374.3 million.

▪Other brands net sales decreased 35.6% to $39.5 million compared to $61.3 million.

◦Channel

▪Wholesale net sales increased 7.1% to $654.9 million compared to $611.6 million.

▪Direct-to-Consumer (DTC) net sales increased 13.2% to $464.4 million compared to $410.2 million. DTC comparable net sales increased 8.2%.

◦Geography

▪Domestic net sales increased 0.3% to $649.8 million compared to $647.7 million.

▪International net sales increased 25.5% to $469.5 million compared to $374.1 million.

•Gross margin was 57.6% compared to 56.7%.

•Selling, General, and Administrative (SG&A) expenses were $487.9 million compared to $405.8 million.

•Operating income was $156.7 million compared to $173.9 million.

•Diluted earnings per share was $0.96 compared to $1.00.

Full Fiscal Year 2026 Financial Review (Compared to the Same Period Last Year)

•Net sales increased 9.8% to $5.472 billion compared to $4.986 billion. On a constant currency basis, net sales increased 9.0%.

◦Brand

▪HOKA® brand net sales increased 15.9% to $2.587 billion compared to $2.233 billion.

▪UGG® brand net sales increased 8.2% to $2.739 billion compared to $2.531 billion.

▪Other brands net sales decreased 33.9% to $146.2 million compared to $221.2 million.

◦Channel

▪Wholesale net sales increased 12.3% to $3.208 billion compared to $2.856 billion.

▪DTC net sales increased 6.3% to $2.264 billion compared to $2.130 billion. DTC comparable net sales increased 4.6%.

◦Geography

▪Domestic net sales increased 0.2% to $3.192 billion compared to $3.187 billion.

▪International net sales increased 26.8% to $2.281 billion compared to $1.799 billion.

•Gross margin was 57.7% compared to 57.9%.

•SG&A expenses were $1.895 billion compared to $1.707 billion.

•Operating income was $1.263 billion compared to $1.179 billion.

•Diluted earnings per share was $7.02 compared to $6.33.

Net sales in the above results for the respective Other brands, Wholesale channel, and Domestic geography include current fiscal year declines primarily driven by the phase-out of Koolaburra brand standalone operations and the sale of the Sanuk brand.

Balance Sheet (March 31, 2026 as compared to March 31, 2025)

•Cash and cash equivalents were $1.907 billion compared to $1.889 billion.

•Inventories, including the impact of incremental tariffs, were $487.0 million compared to $495.2 million.

•The Company had no outstanding borrowings.

Capital Allocation

During the fourth fiscal quarter, the Company repurchased approximately 2.5 million shares of its common stock for a total of $261.6 million at a weighted average price paid per share of $105.61.

During the full fiscal year 2026, the Company repurchased approximately 10.5 million shares of its common stock for a total of $1.075 billion at a weighted average price paid per share of $102.43. As of March 31, 2026, the Comp

deck-202601290000910521false00009105212026-01-292026-01-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 Or 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): January 29, 2026

DECKERS OUTDOOR CORPORATION

(Exact name of registrant as specified in its charter)

Delaware001-3643695-3015862 (State of Incorporation)(Commission File Number) (I.R.S. Employer Identification No.)

250 Coromar Drive, Goleta, California 93117

(Address of principal executive offices) (Zip Code)

(805) 967-7611 (Registrant's telephone number, including area code)

N/A (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, par value $0.01 per shareDECKNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.**

On January 29, 2026, Deckers Outdoor Corporation (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended December 31, 2025, and updating its financial outlook for the fiscal year ending March 31, 2026. The Company intends to hold a conference call regarding these financial results. A copy of the press release is furnished hereto as Exhibit 99.1.

The information provided in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. Such information shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as otherwise expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits.

Exhibit No. Description. 99.1Press Release, dated January 29, 2026.

104Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 29, 2026 Deckers Outdoor Corporation /s/ Steven J. Fasching Steven J. Fasching, Chief Financial Officer

deck-202510230000910521false00009105212025-10-232025-10-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 Or 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): October 23, 2025

DECKERS OUTDOOR CORPORATION

(Exact name of registrant as specified in its charter)

Delaware001-3643695-3015862 (State of Incorporation)(Commission File Number) (I.R.S. Employer Identification No.)

250 Coromar Drive, Goleta, California 93117

(Address of principal executive offices) (Zip Code)

(805) 967-7611 (Registrant's telephone number, including area code)

N/A (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, par value $0.01 per shareDECKNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.**

On October 23, 2025, Deckers Outdoor Corporation (the “Company”) issued a press release announcing its financial results for the three months ended September 30, 2025, and providing financial guidance for the fiscal year ending March 31, 2026. The Company intends to hold a conference call regarding these financial results. A copy of the press release is furnished hereto as Exhibit 99.1.

The information provided in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. Such information shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as otherwise expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits.

Exhibit No. Description. 99.1Press Release, dated October 23, 2025.

104Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 23, 2025 Deckers Outdoor Corporation /s/ Steven J. Fasching Steven J. Fasching, Chief Financial Officer