Deckers Outdoor Corp (NYSE:DECK) shares surged almost 17% after the footwear company delivered strong financial results for the fiscal first quarter, led by strong sales of its HOKA and UGG brands.
For Q1, revenue was up 16.9% to $964.5 million, ahead of Wall Street estimates of $919 million.
HOKA brand sales were up 19.8% at $653.1 million, while UGG brand sales were up 18.9% at $265.1 million. Other brand sales decreased 19% to $46.3 million.
Earnings per share were $0.93, up from $0.75 and beating estimates of $0.70.
“HOKA and UGG outperformed our first quarter expectations, with robust growth delivering solid results to begin fiscal year 2026,” Deckers CEO Stefano Caroti said in a statement.
“Though uncertainty remains elevated in the global trade environment, our confidence in our brands has not changed, and the long-term opportunities ahead are significant. We will lean on the fundamental strengths of our powerful operating model as we continue executing our strategy.”
For Q2, ending September 30, Deckers guided net sales in the range of $1.38 to $1.42 billion, below estimates of about $1.51 billion.
EPS guidance of $1.50 to $1.55, however, was ahead of estimates of $1.40.
Shares of Deckers were up 16.6% at $122 shortly after US markets opened on Friday.