Summary by Futu AI
Deckers Outdoor reported strong Q1 FY2026 results with revenue increasing 16.9% to $964.5M and diluted EPS rising 24% to $0.93. HOKA brand sales grew 19.8% to $653.1M while UGG brand sales increased 18.9% to $265.1M. International sales surged 49.7% to $463.3M, though domestic sales declined 2.8%.The company maintains a robust financial position with $1.72B in cash and no outstanding borrowings. During Q1, Deckers repurchased 1.7M shares for $183M. For Q2 FY2026, the company projects revenue between $1.38B-$1.42B and EPS of $1.50-$1.55.In a separate announcement, CEO Dave Powers will retire from the Board and not seek reelection at the September 8, 2025 Annual Meeting. Patrick J. Grismer has been nominated for election to the Board.