DECK · News · 20261023N

Trade Policy and Tariffs

DECKERS OUTDOOR CORP · 2026-10-23 · Importance 52 · Surprise 42

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' fiscal second-quarter adjusted earnings were $2.03 per share, up 11.5% year over year and above the $1.82 consensus estimate; including a $0.28 IEEPA tariff-refund benefit, earnings were $2.31 per share. source