Deckers Outdoor reported strong Q2 FY2025 results, with revenue increasing 20.1% YoY to $1.311B and diluted EPS rising 39% to $1.59. The growth was driven by robust performance from HOKA and UGG brands, with HOKA sales up 34.7% and UGG sales up 13%. Gross margin improved to 55.9% from 53.4% last year.The company raised its FY2025 guidance, now expecting revenue to grow approximately 12% to $4.8B, with diluted EPS projected between $5.15 and $5.25. Deckers also announced a six-for-one stock split effective during Q2. The firm maintains a strong financial position with $1.226B in cash and no outstanding borrowings.During Q2, Deckers repurchased about 686,000 shares for $104.3M and completed the sale of the Sanuk brand on August 15, 2024. The company's new CEO, Stefano Caroti, expressed commitment to building on Deckers' proven foundation to support growth, guided by a consumer-first mindset and innovation-forward products.

Deckers Outdoor reported strong Q2 FY2025 results, with revenue increasing 20.1% YoY to $1.311B and diluted EPS rising 39% to $1.59. The growth was driven by robust performance from HOKA and UGG brands, with HOKA sales up 34.7% and UGG sales up 13%. Gross margin improved to 55.9% from 53.4% last year.The company raised its FY2025 guidance, now expecting revenue to grow approximately 12% to $4.8B, with diluted EPS projected between $5.15 and $5.25. Deckers also announced a six-for-one stock split effective during Q2. The firm maintains a strong financial position with $1.226B in cash and no outstanding borrowings.During Q2, Deckers repurchased about 686,000 shares for $104.3M and completed the sale of the Sanuk brand on August 15, 2024. The company's new CEO, Stefano Caroti, expressed commitment to building on Deckers' proven foundation to support growth, guided by a consumer-first mindset and innovation-forward products.