Deckers sees slower brand growth as tariff refunds lift earnings
Deckers Brands ($DECK) reported fiscal second-quarter 2027 revenue of $1.48 billion, up 3.5%, as Hoka sales increased 6.8% to $677.2 million and UGG sales grew 3.5% to $786.4 million. Direct-to-consumer comparable sales fell 6.4%. Earnings increased to $2.31 per share from $1.82, but included a $0.28 benefit from tariff refunds. Gross margin rose to 60.5% from 56.2%, with refunds accounting for 310 basis points of the improvement. Management set fiscal 2027 sales expectations at $5.700–$5.725 bi
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