Deckers Outdoor reports Q2 FY2027 earnings miss and lowers full‑year revenue outlook

Deckers Outdoor Corp. posted second‑quarter fiscal 2027 revenue of $1.48 billion, below analysts’ $1.51 billion estimate, while diluted earnings per share were $2.31 including a $0.28 tariff‑refund benefit (or $2.03 excluding the benefit). The company cut its full‑year revenue guidance to a range of $5.70 billion‑$5.73 billion (midpoint $5.71 billion) and raised its FY2027 EPS outlook to $7.80‑$7.95. Management cited promotional pressure, logistics disruptions and a tougher consumer environment as the reasons for the revised outlook.

The revenue miss and lower sales guidance reduce investors’ expectations for top‑line growth this year, potentially pressuring the stock price. The higher EPS guidance, driven by tariff refunds, may partially offset the downside for earnings‑focused investors (the company said the EPS range reflects the tariff‑refund benefit).

  • 1Q2 FY2027 revenue was $1.48 billion, reported.
  • 2Analysts had expected revenue of $1.51 billion.
  • 3Diluted EPS was $2.31, including a $0.28 benefit from IEEPA tariff refunds.
  • 4Excluding the tariff‑refund benefit, diluted EPS would have been $2.03.
  • 5Full‑year revenue guidance was lowered to $5.70 billion‑$5.73 billion (midpoint $5.71 billion).
  • 6Full‑year diluted EPS guidance was raised to $7.80‑$7.95.

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