Deckers Outdoor Corp
DECK: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Q@ | LOCK|n<wl | LOCK|zbR^<<Fp |
Deckers Brands Earnings: International and Wholesale Power Outperformance; Shares Attractive
Led by 11% and 10% sales growth for Hoka (44% of total) and Ugg (53%), respectively, Deckers had 9% sales growth in second-quarter fiscal 2026. Its gross margin rose 30 basis points to 56.2% despite higher tariffs, but its operating margin slid 50 basis points to 22.8% on increased marketing.
