Deckers Outdoor reported strong Q2 FY2025 results with revenue increasing 20.1% to $1.311 billion and diluted EPS rising 39% to $1.59. The growth was driven by HOKA brand sales jumping 34.7% to $570.9 million and UGG brand sales growing 13% to $689.9 million. Gross margin improved to 55.9% from 53.4% year-over-year.The company's international sales showed remarkable growth of 33% to $457.4 million, while domestic sales increased 14.2% to $853.9 million. Direct-to-Consumer sales rose 19.9% to $397.7 million with comparable sales up 17%. The company maintained a strong balance sheet with $1.226 billion in cash and no outstanding borrowings.Given the strong performance, Deckers raised its FY2025 guidance, now expecting revenue to grow approximately 12% to $4.8 billion and diluted EPS to range between $5.15-$5.25. The company also completed the sale of the Sanuk brand on August 15, 2024, and repurchased about 686,000 shares for $104.3 million during the quarter.

Deckers Outdoor reported strong Q2 FY2025 results with revenue increasing 20.1% to $1.311 billion and diluted EPS rising 39% to $1.59. The growth was driven by HOKA brand sales jumping 34.7% to $570.9 million and UGG brand sales growing 13% to $689.9 million. Gross margin improved to 55.9% from 53.4% year-over-year.The company's international sales showed remarkable growth of 33% to $457.4 million, while domestic sales increased 14.2% to $853.9 million. Direct-to-Consumer sales rose 19.9% to $397.7 million with comparable sales up 17%. The company maintained a strong balance sheet with $1.226 billion in cash and no outstanding borrowings.Given the strong performance, Deckers raised its FY2025 guidance, now expecting revenue to grow approximately 12% to $4.8 billion and diluted EPS to range between $5.15-$5.25. The company also completed the sale of the Sanuk brand on August 15, 2024, and repurchased about 686,000 shares for $104.3 million during the quarter.