DECKERS OUTDOOR CORP
For the period ended Mar 31, 2026. Filed May 22, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed May 22, 2026
Contents
Cautionary Note Regarding Forward-Looking Statements
This Annual Report on Form 10-K for our fiscal year ended March 31, 2026 (Annual Report), and the information and documents
incorporated by reference within this Annual Report, contain “forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended
(Exchange Act). These forward-looking statements are intended to qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements other than statements of
historical fact contained in, or incorporated by reference within, this Annual Report. We have attempted to identify forward-
looking statements by using words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,”
“project,” “should,” “will,” or “would,” and similar expressions or the negative of these expressions. Such statements are subject
to a number of assumptions, risks and uncertainties, many of which are beyond our control. Consequently, actual future results
could differ materially from our expectations due to a number of factors including, but not limited to:
global geopolitical conflicts, instability and uncertainty, including the resulting impact on our supply chain;
United States (US) andinternational trade policies, tariffs and retaliatory measures, including the impact on
our results of operations;
changes in consumer preferences and the purchasing behavior of wholesale partners and consumers,
including shifts in technology, impacting our brands and products, and the footwear and fashion industries;
global economic trends, including foreign currency exchange rate fluctuations and the effectiveness of our
hedging strategies, changes in interest rates, inflationary pressures, commodity price volatility, and
recessionary concerns;
the ability to effectively compete in a highly competitive footwear, apparel, and accessories industry;
the operational challenges faced by our warehouses and distribution centers (DCs), wholesale partners, global
third-party logistics providers (3PLs), and third-party carriers, including those arising from global supply chain
disruptions, labor shortages, and logistics constraints;
availability of materials and manufacturing capacity, the reliability of overseas production and storage, and the
geographic concentration of manufacturing operations;
expansion of our brands, product offerings, and investments in our distribution facilities, e-commerce websites,
and retail store footprint;
our business, operating, investing, capital allocation, marketing, and financing plans and strategies;
changes to our product distribution strategies, including product allocation and segmentation strategies;
trends, seasonality, and weather impacting the demand for our products;
changes to the geographic and seasonal mix of our brands and products;
the impact of our efforts to continue to advance sustainable and socially conscious business operations, and
our ability to meet the expectations of our investors and other stakeholders with respect to our environmental,
social, and governance (ESG) practices;
the effects of climate change, natural disasters, and public health issues, and the resulting impact on our
business and our customers, consumers, suppliers, and business partners;
security breach or other disruption to our information technology (IT) systems, or those of our vendors;
our ability to effectively utilize and implement technological advancements, including artificial intelligence (AI),
and risks associated with third-party service providers and interconnected systems;
the outcomes of legal proceedings, including the impact they may have on our business and intellectual
property rights;
our interpretation of applicable global tax regulations and changes in global tax laws and audits that may
impact our tax liability and effective tax rates;
our cash repatriation strategy regarding earnings of non-US subsidiaries and the resulting tax impacts; and
the value of long-lived assets and potential write-downs or impairment charges.
Forward-looking statements represent management’s current expectations and predictions about trends affecting our business
and industry and are based on information available at the time such statements are made. Although we do not make forward-
looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy or
completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties, and other factors that
may cause our actual results, performance, or achievements to be materially different from any future results, performance or
achievements predicted, assumed, or implied by the forward-looking statements. Some of the risks and uncertainties that may
cause our actual results to materially differ from those expressed or implied by these forward-looking statements are described in
Part I, Item 1A, “Risk Factors,” and Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of
Operations,” within this Annual Report, as well as in our other filings with the Securities and Exchange Commission (SEC), which
are available free of charge on the SEC’s website atwww.sec.gov and our website atir.deckers.com. You should read this
Annual Report, including the information and documents incorporated by reference herein, in its entirety and with the
understanding that our actual future results may be materially different from the results expressed or implied by these forward-
looking statements. Moreover, new risks and uncertainties emerge occasionally, and it is not possible for management to predict
all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or
combination of factors, may cause our actual future results to be materially different from any results expressed or implied by any
forward-looking statements. Except as required by applicable law or the listing rules of the New York Stock Exchange, we
expressly disclaim any intent or obligation to update any forward-looking statements. We qualify all our forward-looking
statements with these cautionary statements.
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