Deckers Outdoor Corp. posted fiscal first-quarter 2026 results that handily beat expectations, sending the stock up as much as 18% in late trading. Net sales grew 17% year on year to $964.5 million, surpassing analysts’ $900.9 million consensus, while diluted earnings per share rose 24% to $0.93, compared with the $0.68 forecast. Net income reached $139.2 million and gross margin stood at 55.8%. Growth was led by the company’s running-shoe unit Hoka, whose revenue jumped 19.8% to a record $653.1 million. Ugg, known for its sheepskin footwear, generated $265.1 million, an 18.9% increase. International markets continued to gain traction, with sales outside the United States climbing nearly 50%. Executive Stefano Caroti said both brands “outperformed our first-quarter expectations, with robust growth delivering solid results to begin fiscal year 2026.” On the earnings call, management noted the 145% U.S. tariff on Chinese goods had no material effect on the quarter and that selective price increases took effect on 1 July to help offset any future cost pressures. The company reiterated confidence in its growth framework for both brands despite macro-economic and trade uncertainties.