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DECKERS OUTDOOR CORP

CIK: 9105212 Annual ReportsLatest: 2025-05-23

10-K / May 23, 2025

Revenue:$4,990,000,000
Income:$966,100,000

10-K / May 24, 2024

Revenue:$4,287,763,000
Income:$759,563,000

10-K / May 23, 2025

Deckers Outdoor Corporation - Company Summary

Business Overview

  • Industry: Global leader in footwear, apparel, and accessories
  • Market Focus: Fashion, casual lifestyle, performance, running, outdoor activities
  • Brands:
    • UGG: Iconic premium footwear, apparel, and accessories with year-round offerings.
    • HOKA: Performance footwear brand known for cushioning, stability, and lightweight design. Initially for ultra-runners, now broader appeal including athletes and everyday consumers.
    • Teva: Outdoor and sporting footwear, including sandals, shoes, and boots for outdoor pursuits.
    • AHNU: Lifestyle footwear combining high-performance technology and timeless style.
    • Koolaburra: Casual footwear targeting value-oriented consumers (being phased out by end of 2025).
    • Formerly owned Sanuk, sold in August 2024.

Operations and Distribution

  • Sales Channels:
    • Wholesale: Through domestic and international retailers, distributors, and partner stores.
    • Direct-to-Consumer (DTC): Company-owned websites and retail stores with a seamless omni-channel experience.
  • Global Reach:
    • Employees: Approximately 5,500 worldwide (as of fiscal year ending March 31, 2025).
    • Retail Stores: 179 global stores (137 UGG, 42 HOKA), including flagship and outlet stores.
    • Offices: In multiple countries including the US, Europe, Asia, and others.
    • Warehouses/DCs: Located in Moreno Valley, California, and Mooresville, Indiana (total approximately 3.1 million sq ft).
    • International Distribution: Through subsidiaries and independent distributors in Canada, Europe, Asia, Latin America.

Financial Performance (Fiscal Year 2025 vs 2024)

  • Revenue:
    • Net sales: $4.99 billion (up 16.3% from $4.29 billion)
  • Profitability:
    • Gross margin: 57.9% (up 2.3 percentage points)
    • Net income: $966.1 million (up 27.2% from $759.6 million)
    • Earnings per share:
      • Basic: $6.36 (increase of 30.1%)
      • Diluted: $6.33 (increase of 30.2%)

Recent Strategic Changes

  • Brand Withdrawals: Phasing out Koolaburra and selling Sanuk in 2024.
  • Stock Split: 6-for-1 split executed in September 2024.
  • Growth Focus: Expansion of HOKA and UGG brands internationally, and strengthening DTC channels.

Key Metrics

  • Customers: Not explicitly quantified, but the company has a broad global customer base across retail, wholesale, and online channels.
  • Employees: About 5,500 globally.
  • Revenue (2025): ~$5 billion.
  • Net Income (2025): ~$966 million.
  • Stock Performance: Shares traded on NYSE under symbol DECK. Market cap based on September 30, 2024, valuation was approximately $24.14 billion with a share price of $159.45.

This summary provides a detailed, factual overview of Deckers Outdoor Corporation based solely on the provided document.