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Deckers soars on file income due to Hoka and Ugg demand

Deckers had quite a bit to have a good time over the vacation interval, with the footwear firm’s shares up greater than 14% as of 6:45 a.m. ET on Friday, after the Hoka and Ugg maker posted file income for the quarter ended December 31, 2025. The firm notched:

• Record income of $1.96 billion, forward of the $1.87 billion forecast by analysts (Bloomberg consensus).

• Adjusted earnings per share of $3.33, a whopping 21% increased than the $2.76 predicted by analysts.

Looking forward, the corporate additionally hiked its steerage for the fiscal yr ending March 31, 2026, to $5.4 billion to $5.425 billion, up from the $5.35 billion anticipated within the quarter before.

Deckers’ file income and EPS figures have been “driven by the significant global demand for UGG and HOKA,” CEO Stefano Caroti mentioned in a press release. Both manufacturers noticed “high levels of full-price selling” that resulted in a powerful gross margin of 59.8%. Between the 2 manufacturers, winter favourite Ugg maintained the higher hand with $1.3 billion in income, however Hoka noticed a whopping 18.5% gross sales uptick (versus Ugg’s 5%) to $629 million final quarter.

Deckers additionally shared that the corporate has now repurchased inventory price $813.5 million within the final 9 months, and that it expects its share repurchases to exceed $1 billion for the fiscal yr ending March 31, 2026.