secwatch.observer — SEC 8-K summary
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Issuer:     DECKERS OUTDOOR CORP (DECK)
CIK:        0000910521
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0000910521-24-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910521/000091052124000037/0000910521-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910521/000091052124000037/deck-20240725.htm
  HTML page:      https://secwatch.observer/filing/0000910521-24-000037

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