Deckers Outdoor (DECK) reported fiscal Q4 earnings late Thursday of $0.96 per diluted share, down from $1.00 a year earlier.
Analysts polled by FactSet expected $0.83.
Net sales for the quarter ended March 31 were $1.12 billion, up from $1.02 billion a year earlier.
Analysts surveyed by FactSet expected $1.09 billion.
The company expects fiscal 2027 earnings of $7.30 to $7.45 per share on net consolidated sales of $5.86 billion to $5.91 billion. Analysts polled by FactSet expect $7.35 and $5.82 billion, respectively.
The company said its board has approved an increase of $3.5 billion to the stock repurchase authorization, which brings total outstanding authorization to about $5 billion.