Shares of Deckers Outdoor Corporation (NYSE: DECK) surged 13.04% in after-hours trading on Thursday, following the release of its impressive first-quarter fiscal year 2026 financial results. The footwear maker, known for its popular HOKA and UGG brands, reported earnings and revenue that significantly exceeded analysts' expectations.

Deckers posted quarterly earnings of $0.93 per share, surpassing the analyst consensus estimate of $0.72 by 28.28%. This represents a 24% increase from the $0.75 per share reported in the same period last year. The company's net sales jumped 16.9% year-over-year to $964.5 million, beating the Street estimate of $902.08 million. The strong performance was primarily driven by robust international demand and solid growth in its key brands.

CEO Stefano Caroti expressed confidence in the company's brands despite ongoing uncertainties in the global trade environment. "HOKA and UGG outperformed our first quarter expectations, with robust growth delivering solid results to begin fiscal year 2026," Caroti stated. The HOKA brand saw a 19.8% increase in net sales to $653.1 million, while UGG brand net sales rose 18.9% to $265.1 million. Notably, international net sales surged by 49.7%, more than offsetting a 2.8% dip in domestic sales. Looking ahead, Deckers provided an optimistic outlook for the second quarter, projecting net sales between $1.38 billion and $1.42 billion, with diluted earnings per share expected to range from $1.50 to $1.55.