Exponential Learning
Deckers Outdoor (DECK) Q2 FY27: Record Quarter, Cut Guidance
17:54
Deckers reported record Q2 FY27 revenue of $1.48B (+3.5%) and EPS of $2.31, beating expectations, but cut full-year sales guidance to $5.70-5.725B as HOKA decelerated to +6.8% and U.S. athletic footwear turned promotional. Management chose brand health over chasing revenue: full-price discipline drove underlying gross margin up 120bp to 57.4%. The stock fell ~8% after hours. We cover the…