# US footwear and apparel retail earnings trends

> Developing situation record from CLSTR: https://clstr.news/situations/us-footwear-and-apparel-retail-earnings-trends
> Updated: 2026-10-27T03:04:39.000Z. Sources: 6. Developments: 2.

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.

## Timeline

### 2026-10-27: Boot 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.

2 sources. https://clstr.news/cluster/boot-barn-lowers-yearly-guidance-after-q2-sales-miss

### 2026-10-22: Deckers 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.

4 sources. https://clstr.news/cluster/deckers-brands-raises-earnings-guidance-despite-sales-miss

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Cite as: US footwear and apparel retail earnings trends. CLSTR, https://clstr.news/situations/us-footwear-and-apparel-retail-earnings-trends