By Janet H. Cho
Deckers Outdoor Brands reported record sales for its fiscal fourth quarter and full year, citing robust sales of its Hoka and Ugg brands.
For the fiscal fourth quarter ended March 31, Deckers reported a record $1.12 billion in sales, up 10%, and adjusted earnings of 96 cents per share.
Wall Street was expecting adjusted earnings of 83 cents a share on sales of $1.09 billion, according to FactSet.
Shares were up 4.3% in late afternoon trading on Thursday, above $107, after closing up 4.5% in regular trading. The stock is down 1% this year through Thursday's close and down 18.6% over the past 12 months.
For the full fiscal 2026 year, Deckers reported a record $5.47 billion, up 10%, and adjusted earnings of $7.02 per share, up 11%.
Analysts were estimating adjusted earnings of $6.89 a share on sales of $5.44 billion.
Deckers' casual and high-performance footwear, apparel, and accessories has been a hit with consumers.
Barron's on Thursday named Deckers as one of seven apparel and footwear retailer stocks where "consumer spending remains resilient," noting that while the company is facing higher costs, it has also lifted prices on some products, including "full-priced" Hoka sales.
Deckers has a solid record of beating expectations. It has missed revenue estimates only once and bottom-line forecasts only once in the past 20 quarters.
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May 21, 2026 16:53 ET (20:53 GMT)
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