Deckers Outdoor Corporation reported a solid financial performance for the third fiscal quarter ending December 31, 2025, with net sales reaching $1.96 billion, a 7.1% increase from $1.83 billion in the same period last year. The company's gross profit also saw an uptick, amounting to $1.17 billion, compared to $1.10 billion in the prior year, although the gross margin slightly decreased to 59.8% from 60.3%. Net income for the quarter was $481.1 million, reflecting a 5.3% increase from $456.7 million in the previous year, while diluted earnings per share rose to $3.33, up from $3.00.
In terms of segment performance, the HOKA brand experienced a notable 18.5% increase in sales, totaling $628.9 million, driven by strong demand across both wholesale and direct-to-consumer channels. The UGG brand also contributed positively, with sales rising 4.9% to $1.31 billion. However, the Other brands segment, which includes Koolaburra and AHNU, saw a significant decline of 55.5%, generating only $23.2 million in sales, primarily due to the phase-out of standalone operations for these brands.
Deckers has made strategic adjustments to its brand portfolio, including the completion of the phase-out of the AHNU and Koolaburra brands and the sale of the Sanuk brand in August 2024. These changes are part of the company's ongoing efforts to streamline operations and focus on its most profitable brands. As of December 31, 2025, Deckers operated 205 global retail stores, including 144 UGG and 61 HOKA stores, reflecting its commitment to expanding its retail footprint.
The company reported a total cash and cash equivalents balance of $2.09 billion as of December 31, 2025, an increase from $1.89 billion at the end of the previous fiscal year. This liquidity position is expected to support ongoing operational needs and strategic initiatives. Looking ahead, Deckers anticipates continued growth driven by strong brand performance, particularly in the HOKA and UGG segments, while remaining vigilant to market conditions and consumer preferences that may impact future results.
About DECKERS OUTDOOR CORP
Deckers Outdoor Corporation designs, markets, and distributes innovative footwear, apparel, and accessories under brands like UGG and HOKA. Serving global consumers through wholesale, retail stores, and e-commerce, it emphasizes fashion, comfort, and performance. The company focuses on brand differentiation, sustainable practices, and a strong supply chain, leveraging product innovation and a diverse distribution network to maintain its leadership in the premium footwear industry.
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