Deckers Outdoor (DECK) Q1 2025 Earnings Report

Deckers Outdoor Corporation reported a strong financial performance for Q1 2025, reflecting a 22% increase in revenue year-over-year, reaching $825 million. The growth was primarily driven by the HOKA brand, which saw a remarkable 30% growth to $545 million. The gross margin improved significantly to 56.9%, backed by better product mix and higher full-price selling. Net income surged to $115.6 million, representing an impressive 82% increase compared to the previous year. Management commentary emphasized a robust demand environment across both direct-to-consumer (DTC) and wholesale channels, indicating a well-controlled marketplace focused on sustainable growth.