Deckers Outdoor Corporation (DECK)

Sector: Consumer Discretionary|Industry: Footwear & Accessories|Market Cap: $30.61B|Employees: 4.8K


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.

  1. Filings

Filing Highlights

Financial Performance

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

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment