Author: sgb-media

Hoka Shines As Deckers Brands Crushes Q4 EPS Expectations

Hoka Shines As Deckers Brands Crushes Q4 EPS Expectations

Deckers Brands on Thursday reported diluted earnings per share for the fiscal fourth quarter ended March 31 of 82 cents, up from 66 cents a year ago, and non-GAAP diluted earnings per share of 85 cents, up from 50 cents last year and ahead of Wall Street’s estimates by 79 cents. Hoka One One was the only brand to report a sales gain for the company in Q4, as Ugg, Teva and Sanuk all saw revenues decline. (Read More)

Foul Weather, Late Tax Refunds Stymie Shoe Carnival’s Q1 Comps

Foul Weather, Late Tax Refunds Stymie Shoe Carnival’s Q1 Comps

Inclement weather and a delay in the issuance of tax refunds resulted in Shoe Carnival Inc.’s same-store sales declining in the high-single digits in February, according to company executives. March and April showed improvement, combining for a 3.6 percent increase, but they weren’t enough to overcome the quarter’s slow start as Q1 comps for the company fell 0.2 percent while Wall Street had projected a 1.6 percent gain. (Read More)

Hydro Flask Has ‘Incredible Amount Of White Space’

Hydro Flask Has ‘Incredible Amount Of White Space’

At Helen of Troy’s Investor Day on Tuesday, company officials talked up the continuing strong potential of Hydro Flask as it expands across categories. Larry Witt, president of the Housewares division, said, "The outdoor space like the home space has a vast number of product categories to play in, and that’s why we see an incredible amount of white space for Hydro Flask." (Read More)

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