Deckers Shares Jump on Strong Q1 Results, Despite Cautious Revenue Outlook

Deckers Brands (NYSE:DECK) saw its shares rise more than 11% in premarket trading Friday after reporting first-quarter results that beat expectations, fueled by continued demand for its HOKA and UGG lines.

The company posted Q1 FY26 earnings per share of $0.93, ahead of the $0.68 projected by analysts. Revenue climbed to $965 million, topping the consensus estimate of $900.3 million.

“HOKA and UGG exceeded our expectations for the quarter, delivering strong growth to kick off fiscal year 2026,” said CEO Stefano Caroti. He added that despite global trade uncertainties, the company remained confident in its brand momentum and long-term prospects.

For the second quarter, Deckers guided for EPS between $1.50 and $1.55, exceeding the $1.40 forecast. However, it projected revenue in the range of $1.38 billion to $1.42 billion, falling short of the $1.51 billion consensus.