DECK · 8-K · 20261022PR000028

Guidance and Outlook

DECKERS OUTDOOR CORP · 2026-10-22 · Importance 69 · Surprise 60

For the fiscal year ending March 31, 2027, Deckers raised diluted EPS guidance to $7.80–$7.95 and expects consolidated net sales of $5.700 billion–$5.725 billion. Management expects gross margin of approximately 58.5%, SG&A of approximately 35.5% of net sales, and operating margin of approximately 23%; the effective tax rate is expected to be approximately 23%. The EPS outlook assumes share repurchases totaling $1.0 billion in value and includes the benefit of IEEPA tariff refunds received through October 8, 2026.

Key facts

• Fiscal 2027 diluted earnings per share is expected to be $7.80 to $7.95. source
• Fiscal 2027 gross margin is expected to be approximately 58.5%. source
• Fiscal 2027 SG&A expenses are expected to be approximately 35.5% of net sales. source
• Fiscal 2027 operating margin is expected to be approximately 23%. source
• The fiscal 2027 effective tax rate is still expected to be approximately 23%. source