Deckers Outdoor Corp. (DECK) dropped its second-quarter fiscal 2027 results after Thursday's closing bell, and the market did not love what it saw. The company beat on the bottom line but missed on revenue and trimmed its full-year sales outlook.

The Numbers

Deckers reported quarterly earnings of $2.31 per share, which beat the consensus estimate of $1.80, according to market data. Quarterly revenue of $1.48 billion missed the Street estimate of $1.51 billion.

Here's how the brands stacked up in the second quarter:

• HOKA net sales increased 6.8% to $677.2 million compared to $634.1 million.
• UGG net sales increased 3.5% to $786.4 million compared to $759.6 million.
• Other brands net sales decreased 54.3% to $17.0 million compared to $37.2 million.

By channel, wholesale net sales increased 5.5% to $1.093 billion compared to $1.036 billion. Direct-to-Consumer (DTC) net sales decreased 1.8% to $387.5 million compared to $394.6 million, and DTC comparable net sales decreased 6.4%.

"We delivered earnings above our expectations in the second quarter by maintaining disciplined marketplace management and a focus on expense control in a challenging consumer environment," said CEO Stefano Caroti.

Looking Ahead

Deckers raised its fiscal 2027 GAAP EPS guidance to $7.80-$7.95, versus the $7.50 analyst estimate. But it lowered its fiscal 2027 revenue outlook to between $5.7 billion and $5.73 billion, versus the $5.88 billion estimate.

DECK Stock Price: According to market data, Deckers stock was down 8.7% to $77.74 in Thursday's extended trading.