secwatch.observer — SEC 8-K summary
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Issuer:     DECKERS OUTDOOR CORP (DECK)
CIK:        0000910521
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0000910521-22-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Deckers Q1 net sales up 21.8% to $614.5M; HOKA tops $1B trailing; board adds $1.2B buyback
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- Net sales $614.5M (+21.8% YoY); diluted EPS $1.66 vs $1.71. Gross margin 48.0% vs 51.6%.
- HOKA brand net sales $330.0M (+54.9%), surpassing $1B on trailing twelve months.
- Board approved $1.2B increase to stock repurchase authorization, total ~$1.5B outstanding.
- FY 2023 guidance: net sales $3.45-3.50B (reaffirmed); EPS raised to $17.50-$18.35.
- Inventories $839.5M (+83% YoY); cash $695.2M; no outstanding borrowings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910521/000091052122000029/0000910521-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910521/000091052122000029/deck-20220728.htm
  HTML page:      https://secwatch.observer/filing/0000910521-22-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer