Deckers Outdoor Corporation

DECK
Sector

Consumer Discretionary

Industry

Footwear & Accessories

Market Cap

$30.61B

Employees

4.8K

Company Overview

Deckers Outdoor Corporation is a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories for both everyday casual lifestyle and high-performance activities. The company's core business model revolves around its six proprietary brands, including UGG, HOKA, and Teva, which compete across various markets. Deckers sells its products through quality domestic and international retailers, international distributors, and directly to consumers through its DTC business, with a strong geographic presence in the US, Canada, Europe, Asia-Pacific, and Latin America.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

The company reported a significant increase in net sales, driven by growth in both wholesale and DTC channels. This indicates strong demand for their products across various markets.

The company's gross margin expanded by 560 basis points, indicating improved profitability and pricing power. This was attributed to the HOKA brand's performance and increased full-price selling for the UGG brand.

The company's income from operations grew substantially, driven by higher net sales, improved gross margins, and relatively flat SG&A expenses as a percentage of net sales. This demonstrates improved operational efficiency and profitability.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights