Deckers Q1 FY25 revenue up 22% to $825M, EPS $4.52; raises FY25 EPS guidance to $29.75-$30.65

DECKERS OUTDOOR CORP

2025-Q1 EPS reported $4.52 revenue$825,347,000

Revenue $825.3M (+22.1% YoY); diluted EPS $4.52 (+87% YoY); gross margin 56.9% vs 51.3%.
HOKA sales $545.2M (+29.7%), UGG $223.0M (+14.0%); DTC sales +24.0%, wholesale +21.0%.
FY25 EPS guidance raised to $29.75-$30.65; revenue outlook unchanged at ~$4.7B (+10%).
CEO transition: Dave Powers last quarter; Stefano Caroti becomes CEO next week.
Agreed to divest Sanuk brand, expected to close August 2024; 6-for-1 stock split pending shareholder vote Sep 9.

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