Deckers Brands, parent company of Hoka and Ugg, reported stronger-than-expected results for Q1 FY2026. Net sales rose 16.9% YoY to $964.5 million, up from $825.3 million in the same period last year. Net income reached $139.2 million, or $0.93 per diluted share, compared to $115.6 million, or $0.75 per share, a year earlier. Hoka led the growth with net sales increasing 19.8% to $653.1 million. Ugg also turned in a solid performance, with sales up 18.9% to $265.1 million. However, the “Other Brands” segment, which includes Teva and Ahnu, saw a 19% decline in sales to $46.3 million. Regionally, domestic net sales fell 2.8% to $501.3 million, while international sales surged 49.7% to $463.3 million.