Deckers Brands saw Hoka drive global revenue growth of 58 percent versus the prior year to eclipse $1.4 billion while Ugg revenue held steady in constant currency with the brand increasing its mix of both direct-to-consumer and international business. (Read More)
Deckers Brands reported net sales increased 7.5 percent to $791.6 million in the fiscal fourth quarter ended March 31. On a constant-currency basis, net sales increased 10.2 percent. Hoka brand net sales increased 40.3 percent while Ugg brand net sales decreased 2.7 percent. (Read More)
Hoka’s sales catapulted 90.8 percent in the fiscal third quarter ended December 31, helping Deckers Brands surpass Wall Street estimates and lift its guidance for the year. On an analysts' call, Dave Powers, Deckers’ CEO, said Hoka “more than doubled its DTC business, while demonstrating momentum across the product line and significantly increased wholesale through both market share gains and select new strategic access points.” (Read More)
Deckers Brands raised its guidance for its fiscal year as sales and earnings in the fiscal third quarter surpassed Wall Street's consensus targets on a 90.8 percent jump in Hoka's revenues. Ugg's sales dipped 1.6 percent in the period. (Read More)
Williams Trading lowered its stock rating on VF Corp. to "Sell" due partly to unexpected weakening at The North Face. Lead analyst Sam Poser also reiterated his "Buy" rating and raised his price targets on Deckers Outdoor and Skechers USA. (Read More)
Deckers Brands said Ugg saw a solid performance in the fiscal second quarter ending September 30,... (Read More)
Deckers Brands reported earnings and sales both exceeded analyst targets in the second quarter ended September 30 and maintained its outlook for sales and EPS for the fiscal year despite margin pressures. Sales of Hoka surged 58.3 percent year over year in the quarter while sales of Ugg gained 6.3 percent. (Read More)
Deckers Brands' earnings and sales arrived well above analyst targets in the fiscal first quarter ended June 30, catapulted by Hoka's stellar appointment with sales growing 54.9 percent in the period to $330.0 million, eclipsing the billion-dollar milestone over the trailing twelve-month period. (Read More)
Deckers Brands slightly raised its EPS guidance for its fiscal year after reporting earnings and sales in the fiscal first quarter ended June 30 topped Wall Street's targets. The gains were led by an outperformance by Hoka, with sales up 54.9 percent year-over-year. (Read More)
Deckers Brands announced the appointment of Anne Spangenberg as president of Fashion Lifestyle, which includes Ugg and Koolaburra. Most recently, Spangenberg was global vice president of merchandising for Nike Inc. (Read More)
Deckers Brands announced the promotion of Angela Ogbechie to the newly created chief supply chain officer role. Ogbechie's promotion follows David Lafitte's decision to step down as chief operating officer to accept another opportunity. (Read More)
Deckers Brands reported fourth-quarter results that came in far ahead of Wall Street targets as both Ugg and Hoka benefited from being able to get back in stock on key assortments. (Read More)
Wendy Yang, president of Performance Lifestyle at Deckers Brands, is stepping down, effective at the end of the month. The company said Yang would remain in a consulting role through August 15 to allow for a smooth transition. (Read More)
Deckers Brands reported earnings vaulted 106 percent in the fiscal fourth quarter ended March 31 as sales gained 31.2 percent. Sales gained 24.7 for Ugg and 59.7 percent for Hoka One One. Sales for the year grew 24 percent and the company guided FY23 growth to be in the range of 10 percent to 11 percent. (Read More)
Deckers Brands management pointed to execution on their long-term strategy including driving Hoka growth, diversifying Ugg into a year-round brand, building DTC, and developing the international market, as drivers for a strong fiscal third-quarter performance that outpaced Wall Street expectations. (Read More)
Deckers Brands raised its outlook for its fiscal year ended March 31 after reporting third-quarter earnings topped Wall Street estimates. Sales were in line with estimates. Ugg's sales in the third quarter increased 7.9 percent while Hoka One One's grew 30.3 percent. (Read More)
Deckers X Lab announced it launched the X-Scape SPSK Mid—a hybrid street sneaker that meets the comfort of a slipper with the feel of an athletic shoe. The shoe is the newest edition to its X-Scape series The shoe’s design... (Read More)
Deckers Brands announced it has set science-based targets to reduce its emissions and also released its Fiscal Year 2021 corporate responsibility and sustainability report, "Creating Change." (Read More)
Deckers Brands reported sales and earnings missed Wall Street’s targets in its fiscal second quarter ended September 30 as numerous supply chain challenges slowed Ugg’s growth in the quarter. However, the company still maintained its revenue outlook for the full year, driven by its projected 50-plus percent growth at Hoka One One. (Read More)
Deckers Brands reported sales increased 15.8 percent in its fiscal second quarter ended September 30, led by a 47.0 percent gain for Hoka One One. Ugg's sales grew 8.0 percent. The company maintained its guidance for the year. (Read More)