Record Q4 Performance

Deckers Outdoor posted record Q4 2026 results, with sales of US$1.12 billion and a full‑year revenue of US$5.47 billion, largely driven by its HOKA and UGG brands. The company upgraded its share‑repurchase program to a total authorization of US$8.05 billion, adding to US$2.93 billion already repurchased since 2017. Guidance for 2029 projects revenue of US$6.6 billion and earnings of US$1.1 billion, requiring a 7.3 % annual revenue rise and an earnings increase of about US$0.10 billion from the current US$1.0 billion. The forecast supports a fair‑value estimate of US$127.71, seen as a 20 % upside to the current price.