Deckers Outdoor Corp. ( DECK ) reported its third-quarter financial results after Thursday's closing bell. Here's a look at the details from the report. 

The Details: Deckers Outdoor ( DECK ) reported quarterly earnings of $3 per share which beat the analyst consensus estimate of $2.55. Quarterly revenue came in at $1.83 billion which beat the analyst consensus estimate of $1.73 billion and is an increase over sales of $1.56 billion from the same period last year.

UGG brand net sales increased 16.1% to $1.24 billion compared to $1.07 billion.

HOKA brand net sales increased 23.7% to $530.9 million compared to $429.3 million.

Teva brand net sales decreased 6% to $24.1 million compared to $25.6 million.

Other brands net sales decreased 16.6% to $28.0 million compared to $33.6 million.

Direct-to-Consumer (DTC) net sales increased 17.9% to $1.01 billion compared to $858.1 million. DTC comparable net sales increased 18.3%.

Wholesale net sales increased 16.2% to $815.8 million compared to $702.2 million.

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“Deckers posted exceptional results in the third quarter, delivering record quarterly revenue, gross margin, and earnings,” said Stefano Caroti, CEO of Deckers Outdoor ( DECK ).

“UGG continued to experience incredible global momentum, with the brand’s iconic franchises capturing strong full price consumer demand across all regions. At the same time, HOKA delivered impressive results consistent with our strategy, remaining focused on scaling through innovative performance products,” Caroti added.  

Outlook: Deckers Outdoor ( DECK ) sees fiscal 2025 revenue growth of 15% and fiscal 2025 earnings of between $5.75 and $5.80 per share, versus the $5.54 estimate.

DECK Price Action: According to data from Benzinga Pro, Deckers shares are down 16.18% after hours at $187.80 Thursday at publication.

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