Deckers raises its earnings per share guidance despite cutting sales outlook
Deckers Brands, owner of Hoka and UGG, closed the second quarter of its fiscal 2027, ended September 30, with net sales of 1.481 billion dollars, up 3.5% year on year but below the 1.510 billion expected by the market. The company raised its full-year earnings per share guidance to 7.80-7.95 dollars, while cutting its revenue guidance to 5.700-5.725 billion. Hoka grew 6.8% and UGG 3.5%, while the direct-to-consumer channel fell 1.8%.
In 35 seconds
- Quarterly net sales of 1.481 billion dollars, up 3.5%, but below the 1.510 billion expected by the market
- Earnings per share guidance raised to 7.80-7.95 dollars and operating margin estimated at around 23%
- Full-year sales guidance cut to 5.700-5.725 billion dollars
Read the full story at Interempresas Media
IASummary generated by artificial intelligence from a story by Interempresas Media. It may contain errors: the original source prevails.
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