DECK · 8-K · 20261022PR000028

Gross Margin Drivers

DECKERS OUTDOOR CORP · 2026-10-22 · Importance 45 · Surprise 50

Second-quarter FY2027 gross margin was 60.5%, compared with 56.2% a year earlier, an increase of 4.3 percentage points. The company received $46.0 million of IEEPA tariff net refunds and $3.0 million of associated interest during the quarter. The $46.0 million refund reduced cost of sales, and the refund and interest together increased gross and operating margins by approximately 310 basis points. The after-tax benefit to diluted EPS was approximately $0.28.

Key facts

• Second-quarter fiscal 2027 gross margin was 60.5%, compared with 56.2% in the prior-year period. source
• Second-quarter fiscal 2027 SG&A expenses were $505.7 million, compared with $477.3 million in the prior-year period. source