DECK · News · 20261022N
Trade Policy and Tariffs
DECKERS OUTDOOR CORP · 2026-10-22 · Importance 52 · Surprise 42 · In source text
Deckers received $87.9 million in net refunds tied to tariffs imposed under the U.S. International Emergency Economic Powers Act (IEEPA) through October 8, 2026. The refunds contributed an estimated $0.52 per diluted share to fiscal 2027 earnings guidance, including a $0.28-per-share benefit in the second quarter. The reported refunds show a material financial effect from the U.S. tariff policy and its subsequent refund process.
Key facts
- Deckers raised full-year fiscal 2027 diluted EPS guidance to $7.80-$7.95, attributing approximately $0.52 of benefit to $87.9 million in IEEPA tariff net refunds received through October 8, 2026. source
- Deckers' second-quarter FY2027 diluted EPS increased 27% to $2.31, including a $0.28 benefit from IEEPA tariff net refunds received during the quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | — | Deckers raised full-year fiscal 2027 diluted EPS guidance to $7.80-$7.95, attributing approximately $0.52 of benefit to $87.9 million in… |
| net_income | positive | committed | — | Deckers raised full-year fiscal 2027 diluted EPS guidance to $7.80-$7.95, attributing approximately $0.52 of benefit to $87.9 million in… |