Deckers Brands (DECK)
NYSEConsumer DiscretionaryFootwear & AccessoriesSnapshot 2026-07-07
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Track DECK free→NYSEConsumer DiscretionaryFootwear & AccessoriesSnapshot 2026-07-07
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Track DECK free→Deckers grows revenue about 9% a year. Profit margins stay near 57% gross and 22.5% operating. The company beats earnings estimates consistently. Free cash flow yield is solid at 7%.
Revenue growth could slow below high-single digits. Margins might compress from cost pressures. The sector faces headwinds that could hurt demand.
The price is about 25% below our fair value near $143. Analysts expect about 9% revenue growth, which aligns with management's high-single-digit target. Our fair value is 18% above the Street median.
Breaks if: gross margin falls below 54% (mid-cycle floor)
Management aims to maintain a gross margin of approximately 57%.
Stated in 2 of last 2 quarters. Gross margin was 57% in 2026-Q3, aligning with the guidance. The company is delivering on its gross margin target, maintaining the expected level.
Breaks if: operating margin falls below 20% (mid-cycle floor)
Management targets an operating margin of approximately 22.5%.
Stated in 2 of last 2 quarters. Operating margin was 22.5% in 2026-Q3, meeting the guidance. The company is delivering on its operating margin target, maintaining the expected level.
Breaks if: YoY revenue growth falls below ~8.8% in FY 2027
Management aims for high-single-digit revenue growth for fiscal year 2027.
Stated in 2 of last 2 quarters. Revenue grew from $964.5M in 2026-Q1 to $1.96B in 2026-Q3, indicating progress towards the high-single-digit growth target. The trajectory shows delivering on this priority.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Gross margin is now expected to be approximately 57%.”
“Gross margin is expected to be approximately 56%.”
“Operating margin is now expected to be approximately 22.5%.”
“Operating margin is expected to be approximately 21.5%.”
“Guides FY 2027 revenue growth of high-single-digit percentages.”
“Guides FY 2027 revenue growth of high-single-digit percentages.”