Deckers Brands, parent of the Hoka, Ugg, and Teva brands, delivered another stunning quarter in the company’s fiscal Q3 ended December 31, 2023. Net sales increased 16.0 percent to $1.56 billion compared to $1.35 billion in the prior year period. On a constant-currency basis, net sales increased 15.1 percent.

Diluted earnings per share was $15.11 in Q3, compared to $10.48 in the prior-year period.

Brand Summary

  • Ugg brand net sales increased 15.2 percent to $1.07 billion.
  • Hoka brand net sales increased 21.9 percent to $429.3 million.
  • Teva brand net sales decreased 16.2 percent to $25.6 million.
  • Sanuk brand net sales decreased 28.9 percent to $4.0 million.
  • Other brands, primarily composed of Koolaburra, net sales increased 10.0 percent to $29.6 million.

Images courtesy Ugg 

For more brand details from CEO’s conference call with analysts, increased full-year guidance, and the transition at the top, go here:

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