---
schema_version: "secwatch.filing_event.v1"
accession: "0000910521-23-000032"
form_type: "8-K"
ticker: "DECK"
cik: "0000910521"
company_name: "DECKERS OUTDOOR CORP"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T01:53:31.337370+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Deckers Q1 EPS $2.41 (+45% YoY); HOKA sales +27.4%; raises FY24 EPS outlook

## Summary
- Revenue $675.8M (+10% YoY); DTC sales +35.3% to $250.4M.
- HOKA brand net sales $420.5M (+27.4%); UGG fell 6.0% to $195.5M.
- Gross margin improved to 51.3% vs 48.0%; operating income $70.7M.
- FY24 EPS guidance raised to $21.75-$22.25; revenue seen ~$3.98B.
- Cash $1.05B, no debt; repurchased ~52k shares for $25.5M in Q1.

## SEC filing metadata
- accession: 0000910521-23-000032
- form_type: 8-K
- ticker: DECK
- cik: 0000910521
- company_name: DECKERS OUTDOOR CORP
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910521/000091052123000032/0000910521-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910521/000091052123000032/deck-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000910521-23-000032
- JSON: https://secwatch.observer/filing/0000910521-23-000032.json
- Plain text: https://secwatch.observer/filing/0000910521-23-000032.txt

## Key facts
- Earnings Releases
  DECKERS OUTDOOR CORP reported the first quarter ended June 30, 2023 results: revenue $676 MILLION, EPS $2.41.
  - Period: the first quarter ended June 30, 2023
  - Revenue: $676 MILLION
  - EPS: $2.41
  - Result: reported results
  source text: DECKERS BRANDS REPORTS FIRST QUARTER FISCAL 2024 FINANCIAL RESULTS • FIRST QUARTER FY 2024 REVENUE INCREASED 10% TO $676 MILLION • FIRST QUARTER FY 2024 DILUTED EARNINGS PER SHARE INCREASED 45% TO $2.41
  evidence_url: https://www.sec.gov/Archives/edgar/data/910521/000091052123000032/0000910521-23-000032-index.htm
- Earnings Releases
  DECKERS OUTDOOR CORP reported the fiscal year ending March 31, 2024 results: revenue approximately $3.980 billion, EPS $21.75 to $22.25. Guidance raised.
  - Period: the fiscal year ending March 31, 2024
  - Revenue: approximately $3.980 billion
  - EPS: $21.75 to $22.25
  - Guidance: raised
  - Result: guidance update
  source text: • Net sales are now expected to be approximately $3.980 billion. • Gross margin is still expected to be approximately 52%. • SG&A expenses as a percentage of sales are still projected to be approximately 34%. • Operating margin is still expected to be approximately 18%. • Effective tax rate is still expected to be approximately 22% to 23%. • Diluted earnings per share is now expected to be in the range of $21.75 to $22.25. • The earnings per share guidance does not assume any impact from potential future share repurchases.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910521/000091052123000032/0000910521-23-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.