Hello, and thank you everyone for joining us today. On the call are Stefano Caroti, President and Chief Executive Officer, and Steve Fasching, Chief Financial Officer. Before we begin, I would like to remind everyone of the company's safe harbor policy. Please note that certain statements made on this call are forward-looking statements within the meaning of the federal securities laws, which are subject to considerable risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements made on this call today, other than statements of historical fact, are forward-looking statements and include statements regarding our ability to drive profitable growth, brand health, and long-term value, the macroeconomic and consumer environment, and related impacts on our business and operating results, including the expected persistence of current consumer and promotional trends, our current and long-term strategic objectives, the expected performance of our brands and demand for our products, the anticipated impacts of our brand, product, marketing, marketplace, distribution, and investment strategies, including the expansion of our wholesale presence and our brands lifestyle, apparel, and year-round product offerings. Our product development plans and the timing and anticipated performance of product launches, changes in consumer behavior, our ability to acquire new consumers and gain market share, our ability to achieve our financial outlook, including anticipated revenues, gross margin, SG&A expenses, operating margin, effective tax rate, promotional activity, anticipated rate of full price selling, and earnings per share. Our cost management and resource allocation actions, the anticipated effects of corrective actions related to our European third-party logistics provider, the timing of wholesale and distributor shipments, our ability to maintain a premium full-price global marketplace, statements regarding tariff refunds, and our ability to generate free cash flow and execute our capital allocation strategy, including potential share repurchases. Forward-looking statements made on this call represent management's current expectations and are based on information available at the time such statements are made. Forward-looking statements involve numerous known and unknown risks, uncertainties, and other factors, such as changes in consumer demand, foreign currency exchange rate fluctuations, and changes to trade policies, including the amount and timing of any future tariff refunds, that may cause our actual results to differ materially from any results predicted, assumed, or implied by the forward-looking statements. The company has explained some of these risks and uncertainties in its SEC filings, including in the Risk Factor section of its annual report on Form 10-K and quarterly reports on Form 10-Q. Except as required by law or the listing rules of the New York Stock Exchange, the company expressly disclaims any intent or obligation to update any forward-looking statements. On this call, management may refer to financial measures that were not prepared in accordance with generally accepted accounting principles in the U.S., including constant currency, free cash flow, and certain results and outlook measures presented excluding the net benefit of IEEPA tariff refunds and related interest, such as diluted earnings per share, gross margin, and operating margin. For example, the company reports comparable direct-to-consumer sales on a constant currency basis for operations that were open throughout the current and prior reporting periods. The company believes these non-GAAP financial measures are useful supplemental indicators of its operating performance because they exclude items that are unrelated to and may not be indicative of its core operating results. The company defines free cash flow as net cash provided by operating activities for a particular period plus capital expenditures made during that same period and believes free cash flow is a useful supplemental measure of liquidity as it reflects the cash generated from operations after investments required to support the strategic growth of the business. Please review our earnings release published today for additional information regarding our non-GAAP financial measures. With that, I will now turn it over to Stefano.

Thank you, Erinn. Good afternoon, everyone, and thank you for joining today's call. In the second quarter, Deckers delivered another solid result. We expanded our global presence, performed well in multi-brand environments, and delivered a high mix of full price sales. For the quarter, total company revenue grew 3.5% versus last year, with HOKA and UGG increasing 7% and 4% respectively. Diluted earnings per share was $2.31, including a $0.28 benefit from the impact of IEEPA net tariff refunds received in the quarter. Excluding this benefit, diluted EPS would have been $2.03, well above the high end of our guidance range and up 11.5% versus last year. Despite some top-line pressure, we maintained healthy gross margins, delivered global growth, and continued to invest in the long-term strength of our brands. Our commitment to full price selling and disciplined expense management demonstrates the resilience of our operating model and the value of our strategic approach to growth. As consumers face increasing economic pressure, our updated fiscal year outlook reflects a more measured approach to growth over the next 2 quarters. Consistent with our strategic framework, we are making deliberate choices about how we compete, win, and grow our brands. We will continue to prioritize margin preservation and long-term value over chasing potential incremental near-term revenue that could dilute our brands. We will use our flexible expense levers to stay agile and protect the integrity of our premium global brands. Against the backdrop, I will now share what we are seeing across the business in the operating environment, along with the actions we are taking to build on what is working and address the areas where we see opportunity for improvement. International continues to be an area of strength for our brands. Within international, APAC delivered our highest percentage growth and was a meaningful contributor to incremental year-over-year dollar growth in the second quarter. International markets serve as a proving ground for our brands and emerging categories. With UGG and HOKA still in the earlier stages of development in many of these markets, these consumers often view our brands through a broader lifestyle lens, helping to influence trends that later gain traction in other regions. In EMEA, demand signals remain strong. However, service disruptions at our third-party logistics provider during a peak shipping period affected the timing of certain shipments. While this impacted revenue in the quarter, we have taken corrective action with our partner to restore normal operations, improve visibility, and reduce the risk of future disruptions. In the U.S., we saw promotional activity increase throughout the quarter, particularly in athletic footwear, which weighed on our U.S. e-commerce performance as we maintained full price discipline. We also observed 2 shifts in consumer behavior. Consumers increasingly seeking discounts, concentrating traffic around promotional events, and consumers becoming more purposeful in their spending and prioritizing products with immediate relevance and utility. Given the trends across our brands and the growing pressure on consumers, we have identified areas where improving execution can have a meaningful impact. Our objective is to deliver healthy market share gains, even in a more challenging environment. These actions are grounded in our 4 guiding principles of consumer first, brand led, innovation forward, and globally driven. Along with our playbook, these key pillars are designed to support sustainable brand growth and create long-term value for shareholders. As we look ahead, we are focused on first delivering product excellence. We have a robust innovation pipeline designed to deliver tangible consumer benefits, reinforce the positioning and credibility of our brands, and create meaningful new revenue streams. We will maximize its impact through sharper franchise segmentation, clear differentiation, elevated design, and purposeful innovation that is commercially relevant and directly connected to consumer demand. Second, elevating marketing capabilities. We are strengthening our global marketing capabilities so our products connect with consumers more meaningfully. Through sharper brand storytelling, more impactful consumer messaging, and more compelling experiences, we will build deeper engagement across our growing global audience. This integrated approach will also enable us to deploy resources more effectively and generate greater consistency, leverage, and returns from our marketing investments. Third, strengthening marketplace execution. Consumer behavior is changing rapidly, and we are evolving how we show up. We are focusing our resources in the channels, platforms, and points of sale where consumers are most engaged and purchase intent is highest. By amplifying our digital presence, deepening engagement, enhancing loyalty programs, and elevating execution at point of sale, we can meet consumers more effectively and convert interest into demand. Finally, continuing to apply disciplined cost control and resource allocation. We are making clear choices, moving faster, and prioritizing initiatives that we believe will deliver the greatest results. This approach will help us manage cost pressures, spend efficiently, and concentrate resources on the actions that will most effectively support the long-term health of our brands. Steve will provide more detail on our second quarter financial performance and updated fiscal 2027 outlook later in the call. Before that, however, I will review HOKA and UGG second quarter performance and discuss how we expect current trends to develop through the balance of the year. Starting with HOKA. Global revenue in the second quarter increased 7% versus last year to $677 million. HOKA growth versus last year was driven by both wholesale and DTC. HOKA wholesale increased 9% to $444 million, while DTC grew by 4% to $234 million. HOKA continued to perform well across our global wholesale accounts, with strong sell-through in domestic and international regions. Consumers are increasingly turning to wholesale partners, both in stores and online, to explore and compare brands in multi-brand destinations, and HOKA continues to deliver a high degree of full price selling. This performance reinforces the brand's premium positioning and the strength of key franchises. While HOKA maintained strong performance in a competitive wholesale landscape, DTC results were uneven across markets. While the international DTC growth remained robust, U.S. performance was pressured amid a highly promotional U.S. environment, particularly in the athletic footwear category. Across the business, our core franchises performed well, led by Bondi. The introduction of Clifton Pro, a well-received extension of the Clifton franchise, also contributed to that success. However, feedback from consumers and wholesale partners indicated that some of the franchise updates in calendar year 2026 did not resonate as well. That feedback highlights where we have an opportunity to improve for future seasons, starting with Spring 2027. We remain focused on continuing to deliver high-quality growth with our wholesale partners while also improving DTC execution. Across the global marketplace, we will continue to focus on distinctive performance product franchises that reinforce our innovation credibility, convert awareness into a broader base of lifetime consumers, and expand the HOKA brand's authentic relevance in lifestyle. As we advance these initiatives, we are confident they will improve our ability to capture market share moving forward. Specific to our product pipeline, our work to sharpen franchise segmentation is already in flight. Let me provide further insight into the work we are doing. On the performance side, with a clear approach across the Glide and Fly collections that I shared on last quarter's earnings call, we will extend our leadership in max cushioning through Glide and expand our speed platform with Fly. Within the Glide collection, Bondi 10 launches in January, introducing an upgraded dual-density supercritical foam midsole with streamlined design built for performance runners looking for premium cushioning and comfort. I am confident Bondi 10 will be a standout performer. In our Fly collection, we will launch Mach Pro in April, which brings a bold new aesthetic and eTPU midsole to our fastest performance road franchise designed for daily training. Testing of Mach Pro has been exceptional, and bookings are very strong. In early fall, we will build on that momentum with another major update to the Mach franchise. We recently previewed Mach 8 with several major accounts, and the reaction was excellent. In addition, we will be expanding our price architecture in both directions, up and down, broadening access while elevating the pinnacle of the brand. In the first half of calendar 2027, we will introduce 2 powerful expressions of this strategy. Fly Pace in January at $115 will welcome a new consumer into HOKA. Bondi Ultra X in June at $325 will deliver our softest, most cushioned ride for consumers seeking the very best. Bondi Ultra X represents a major leap forward in HOKA innovation, featuring a triple-density eTPU midsole that takes maximum cushioning to a whole new level. Turning to lifestyle, we have a three-pronged approach. First, we are building on the success of archive models such as Mafate Speed 2 with modernized applications, taking insights from early success we are seeing in certain markets to influence opportunities across the globe. Second, we will expand Bondi and Clifton through fresh colors and new materials that unlock more wearing occasions to drive greater franchise segmentation and differentiation across the marketplace. Third, we will seed new models like Cielo 70, a lower-profile silhouette inspired by running shoes from the 1970s and designed to bring new lifestyle consumers into the brand. As we build the lifestyle opportunity for HOKA, we are applying the same authentic approach that established the brand's performance credibility. We are staying grounded in our performance heritage while building lifestyle relevance through differentiated product and consistent storytelling, refined season over season based on consumer and partner insights. Positive feedback from key accounts reinforces our belief that we are building momentum with our target consumer and have ample opportunity to take share in this category. We have a powerful product pipeline across performance and lifestyle, grounded in meaningful innovation, clear segmentation, and disciplined distribution. That combination will help us reach more consumers, strengthen the brand at every level, and drive the next phase of HOKA growth. Delivering differentiated products is only part of the equation. We must also connect innovation with consumers in more compelling and impactful ways. Working with external experts, we reviewed the deployment of our marketing investments and are making changes to improve its effectiveness and efficiency. We are clarifying HOKA brand messaging, sharpening product storytelling, and broadening our content to resonate with a larger audience. Specific to our third quarter, we are focused on executing a strong holiday season for HOKA, maintaining the strength of full price demand while preparing the marketplace for key launches in our fiscal fourth quarter. We remain focused on protecting what makes the HOKA brand distinctive while raising the level of execution needed to capture the significant global opportunity ahead. Moving on to UGG. Global revenue in the second quarter increased by 4% versus last year to $786 million. Growth was driven by wholesale, which increased 7% to $641 million. This was partially offset by an 8% decline in DTC, which delivered $146 million in the quarter. With the second quarter being a largely selling quarter for the brand, wholesale performance was healthy across the U.S. and international regions, which sets the stage for the upcoming holiday season. In addition, we continue to see very positive indicators of brand health and interest, giving us confidence that UGG is well-positioned for peak season. At the same time, pressures on consumers are prompting some to delay purchase until closer to need. We believe that this shift toward a more deliberate buy now, wear now purchasing behavior makes it even more important to give consumers compelling reasons to choose UGG across a broader range of styles and occasions. Across the globe, consumers are responding to elevated product that is distinctly UGG, gravitating toward fresh expressions of our iconic franchises, as well as new styles that bring recognizable UGG brand codes into new and unexpected categories. In Q2, we drove success with Lowmel, continued to build the UGG brand's relevance in sneakers, Goldenstar Evelina extending our presence in clogs, and Zora and Quill demonstrating the brand's ability to quickly adapt to fashion trends. We are also seeing growing demand for UGG head-to-toe, with fleece-led apparel driving engagement and reinforcing the brand's potential to cement itself as a premium global lifestyle brand. The goal now is to bring these innovation stories to a broader audience. Our most loyal consumers look to UGG for what is next, and we are focused on extending that excitement across a broader consumer base and all genders. Classics and Tasman are already well-established franchises while we are building Lowmel, Goldenstar, Zora, and Quill into more meaningful contributors. This deliberate season-by-season approach is designed to create hero franchises. With this growth, these franchises can expand how consumers engage with UGG across categories and wearing occasions. During the quarter, our teams created urgency through scarcity, timely restock messaging, and culturally relevant product stories. Sunburst, Classic Tall, and Classic Mini Dipper Legwarmer demonstrated the effectiveness of the strategy, with early-season demand exceeding our expectations. These successes show that consumers continue to respond to compelling styles and fresh expressions of the brand, even in a more selective spending environment. As we move deeper into UGG season, our focus is on applying those learnings more broadly and raising our level of execution across the business. That means being more purposeful in how we tell our product stories, creating greater energy and urgency around key franchises and newness, and driving elevated consumer engagement through sharper alignment across product, marketing, and marketplace execution. Building on the encouraging response to key styles, our teams are hyper-focused around a key action plan to deliver the UGG brand's largest quarter in its nearly 50-year history. We will support peak shopping periods with coordinated marketing and enhanced digital experience and compelling product storytelling anchored in our Gift the Feeling holiday campaign. Throughout the third quarter, we will remain disciplined in how we drive digital conversion and execute peak shopping periods while managing promotions selectively to protect the long-term health of the brand. I am excited to see the brand activations come to life this holiday season. With that, I will now hand over the call to Steve, who will provide more detail on our second quarter financial results and updated fiscal year 2027 outlook.

Thanks, Stefano, and good afternoon, everyone. As Stefano outlined, second quarter performance reflected a combination of continued international momentum and solid performance in multi-brand environments, combined with softer U.S. DTC trends and fulfillment challenges associated with our EMEA third-party logistics transition. As the quarter progressed, the U.S. marketplace became increasingly promotional. However, we remained disciplined in how we managed the marketplace, protecting full price selling and prioritizing the long-term health of our brands. That discipline is reflected in our financial results. While revenue came in slightly below our expectations, our continued focus on full price selling and expense management contributed to exceptional gross margin and earnings per share performance. Importantly, these results demonstrate the flexibility and the resilience of the Deckers operating model, even in a more pressured environment. As we execute against the actions Stefano outlined, our financial strength gives us the capacity to continue investing behind our brands while remaining disciplined in how we allocate resources. We believe that balance, protecting profitability today while investing behind our most compelling long-term opportunities, remains fundamental to how we aim to create sustainable value over time. Now, let's get into the details of second quarter results. Second quarter fiscal 2027 revenue came in at $1.48 billion, representing an increase of 3.5% versus the prior year. Performance in the quarter was driven by HOKA and UGG, which increased 7% and 4% versus last. Other brand segment was down 54% versus last year, primarily due to lapping the final quarter of impacts related to the wind-down of standalone operations for the Koolaburra brand. As Stefano mentioned, we saw some top-line pressure against our original expectation for the quarter as a result of shipping delays related to our European 3PL transition, as well as some e-commerce softness. The amount of the 3PL shipment delays impacting the quarter was approximately $22 million. The softness in our domestic DTC business was largely offset by better-than-expected wholesale sell-in across the globe. Gross margins for the second quarter was 60.5%, up 430 basis points from last year's 56.2%. Second quarter gross margin included an approximate 310 basis point benefit from IEEPA tariff refunds, net of cost-sharing arrangements with our independent manufacturers. The underlying 120 basis point improvement was driven by favorable full price selling and favorable product mix. SG&A dollar spend for the second quarter was $506 million, up 6% versus last year's $477 million. The total SG&A expense was below our prior expectations for the quarter, reflecting cost management actions to better align spend with lower revenue growth, while marketing and technology remained the primary drivers of year-over-year investment. This led to an operating margin of 26.3%. Excluding the net IEEPA refund benefit, our operating margin was 23.2%, 40 basis points above last year's 22.8%. Our tax rate was 22.4%, which compares to 21.7% in the prior year quarter. During the second quarter, we repurchased approximately $299 million worth of shares at an average price of $93.65. Over the first 6 months of fiscal year 2027, we have repurchased $637 million, representing approximately 5% of our outstanding common stock, pacing well ahead of what we signaled at the beginning of the year. This continues to demonstrate our commitment to returning capital to shareholders through disciplined share repurchases while utilizing our strong free cash flow. As of September 30th, 2026, the company had approximately $4.4 billion remaining under its stock repurchase authorization. These results culminated in diluted earnings per share of $2.31 for the quarter, which is $0.49 above last year's $1.82 diluted earnings per share, representing EPS growth of 27%. Excluding the net impact of the IEEPA tariff refunds and related interest, diluted earnings per share was $2.03, representing growth of 11.5% versus last year. Turning to our balance sheet at September 30th, 2026. We ended September with $1.2 billion of cash and equivalents. We continue to tightly manage inventory, which was up 3% versus the same point in time last year to $861 million, and during the period we had no outstanding borrowings. Now, moving into our updated outlook for fiscal year 2027. As Stefano outlined, our updated outlook reflects a measured approach to revenue growth in the current landscape, maintaining our focus on protecting brand health and profitability. Importantly, we are maintaining our operating margin outlook and in large part maintaining our prior EPS expectations before the benefit of net IEEPA tariff refunds. Then, with the net impact of refunds received to date, we are increasing our full-year EPS outlook. With that in mind, let me walk you through our expectations for fiscal year 2027. Total company revenue is now expected to be in the range of $5.7 billion-$5.725 billion, with HOKA now increasing by a high single-digit percentage versus last year and UGG now increasing by a low single-digit percentage. We are increasing our gross margin expectation to now be approximately 58.5%, reflecting slightly better performance, as well as the approximate $88 million IEEPA tariff refund benefit in cost of sales, which is net of cost-sharing arrangements with our independent manufacturers for amounts received to date in both the second and third quarter, representing approximately 90% of the amounts we have submitted. We have not factored any remaining unreceived amounts in our forward-looking guidance. SG&A is now expected to be approximately 35.5% of revenue as we manage costs with discipline and reduced dollar spend in response to lower revenue growth expectations, resulting in a slightly higher percentage of revenue. With these all culminating in a raised operating margin expectation of approximately 23% inclusive of the net IEEPA tariff refunds received to date. Our effective tax rate is still projected to be approximately 23%, and we now expect diluted earnings per share in the range of $7.80-$7.95. This earnings per share guidance now includes IEEPA net tariff refunds and associated interest received to date and assumes share repurchases with a value of $1 billion in fiscal year 2027. Excluding the benefit of IEEPA net tariff refunds received that are now reflected in our outlook, gross margin would be increasing to 57%, and our full-year operating margin would still be slightly better than 21.5%, highlighting our discipline and expected preservation of high-quality selling. To provide a little insight on the third quarter, as we are comparing to a very strong quarter last year, we are expecting third quarter total company revenue growth to be in the low single digits with UGG expected to grow low single digits and HOKA anticipated to deliver low to mid-single digits in the third quarter. Our expectations have factored continued strength internationally along with anticipated ongoing pressures in the U.S. market, primarily impacting DTC. Third quarter diluted EPS is expected to be in the range of $3.52-$3.60, which includes an IEEPA net tariff refund benefit of approximately $0.24. With this third quarter context in mind and our updated full-year outlook, we recognize this implies acceleration of revenue growth in the fourth quarter for HOKA. This expectation reflects our confidence in continued international demand signals and includes the benefit of planned global product launches Stefano discussed earlier. As always, these forward-looking statements are subject to the risks Erinn outlined at the beginning of the call. In closing, our second quarter results represent the flexibility and the resilience of the Deckers operating model. Our high levels of profitability and strong balance sheet provide the opportunity to make targeted investments that we believe can support future market share gains and drive sustainable long-term growth. Thanks, everyone. I will now turn the call back to Stefano for his final remarks.

Thank you, Steve. As we look ahead, we remain confident in the power of HOKA and UGG and the significant long-term opportunities in front of both brands. We recognize that the consumer landscape continues to evolve, and we are operating with the agility and discipline required to respond. We will remain laser-focused on protecting our premium brand positioning, driving growth with a high degree of full price business, managing inventory with discipline, building clear channel and franchise segmentation while preserving industry-leading levels of profitability. Fundamentally, our long-term goals remain intact, and we believe in the significant runway ahead for both HOKA and UGG. Our brands are strong, our balance sheet provides flexibility, and our operating model allows us to move decisively without sacrificing the long-term health of our brands. We believe that this combination positions Deckers well to navigate the near term and capture the substantial opportunities ahead. Before turning to Q&A, I would like to mention a board update we announced today. We are pleased to welcome Rati Sahi Levesque to the Deckers board effective December 1st. Rati brings more than 15 years of leadership experience in the retail industry, with deep expertise in digital innovation, brand positioning, elevating brands online, and consumer engagement. I am super excited to have Rati join the board and bring her expertise, especially her deep knowledge within the digital commerce channel. We look forward to working with Rati to advance our disciplined growth strategy. I also want to thank Lauri Shanahan, who will retire from the board when Rati joins. Lauri has been a tremendous asset to me and to Deckers through a period of exceptional growth. Her knowledge, passion, and insights have been incredibly valuable, and we are grateful for Lauri's immense contribution, dedication, and service to Deckers. We wish her all the best. Thank you for joining us today. We will now open the call for questions.