Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 6 sources · 5 days · First seen · Last updated
US footwear and apparel retail earnings trends
Overview
Recent quarterly reports from major footwear and apparel retailers indicate a trend of missing revenue expectations despite varying impacts on earnings guidance.
Deckers Brands reported second-quarter fiscal 2027 revenue of $1.481 billion, which fell short of the $1.51 billion anticipated by analysts. While the company reduced its annual sales forecast, it raised its full-year earnings guidance to a range of $7.80 to $7.95 per diluted share, aided by approximately 52 cents per share from tariff refunds. Performance was mixed across brands, with HOKA and UGG seeing sales growth, while direct-to-consumer sales declined.
Similarly, Boot Barn missed analysts' revenue expectations for its second quarter, despite a 15.1 percent increase in net sales to $581.8 million. Unlike Deckers, Boot Barn lowered its full-year fiscal 2027 sales guidance following the miss. However, the retailer exceeded earnings expectations, reporting a net income of $52.5 million compared to $42.2 million in the previous year.
Entities
HOKA · Steve Fasching · Stefano Caroti · John Hazen · UGG
Timeline
-
[BUSINESS] 2 sourcesBoot Barn lowers yearly guidance after Q2 sales miss
Boot Barn lowered its yearly sales guidance after Q2 net sales of $581.8 million missed analyst expectations, despite beating earnings per share estimates.
-
[BUSINESS] 4 sourcesDeckers Brands raises earnings guidance despite sales miss
Deckers Brands raised its fiscal 2027 earnings guidance due to tariff refunds, despite a second-quarter revenue miss of $1.481 billion and slowing growth for HOKA and UGG.
Sources
amazon.nl · finchannel.com · monacoinsider.com · seekingalpha.com · sgbonline.com · unilorin.edu.ng