Deckers Outdoor Corporation (DECK) is a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories. With a market cap of $31.3 billion, Deckers is known for its premium brands, including UGG, HOKA, and Teva, which cater to diverse consumer lifestyles worldwide. The Goleta, California-based company is set to release its Q3 earnings on Thursday, Feb. 6.
Ahead of the event, analysts expect DECK to report a profit of $2.49 per share, down 1.2% from $2.52 in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates over the past four quarters. Its adjusted earnings of $1.59 per share for the last quarter exceeded the consensus estimate by 30.3%. Deckers' quarterly beat was driven by strong brand demand, effective pricing, and operational efficiencies.
For fiscal 2025, analysts expect DECK to report EPS of $5.55, up 14.2% from $4.86 in fiscal 2024.
Deckers Outdoor's shares have gained 75% over the past 52 weeks, outperforming the S&P 500 Index's ($SPX) 22.1% gain and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 27.4% returns in the same period.
Deckers shares jumped over 10% in the next trading session following its Q2 2025 earnings release on Oct. 24, which significantly surpassed Wall Street's top and bottom-line estimates, with net sales increasing 20.1% year-over-year to $1.3 billion. The company’s fiscal year 2025 outlook projects a 12% increase in net sales to $4.8 billion and a gross margin between 55% and 55.5%, subject to risks such as economic conditions, supply chain disruptions, and geopolitical tensions.
The consensus opinion on DECK stock is moderately bullish, with an overall “Moderate Buy” rating. Out of the 20 analysts covering the stock, nine recommend “Strong Buy,” two suggest “Moderate Buy,” and nine advise a “Hold” rating. The average price target of $207.12 indicates a slight potential upside from current levels.