Deckers Brands reported net sales increased 7.5 percent to $791.6 million in the fiscal fourth quarter ended March 31, compared to $736.0 million in the prior-year quarter. On a constant-currency basis, net sales increased 10.2 percent.

Gross margin was 50.0 percent of sales for the quarter, compared to 48.7 percent in the prior-year period. Selling, general, and administrative (SG&A) expenses were $290.2 million in fiscal Q4 compared to $277.4 million in the 2022 fiscal quarter.

Resulting operating income was $105.9 million in the quarter, compared to $81.3 million in the prior-year period.

Diluted earnings per share was $3.46 a share in the fiscal fourth quarter, compared to $2.51 n the prior-year quarter.


For the full details on the Deckers Brands fourth quarter and full year story, including Hoka, Ugg, Teva and Sanuk details, go here:

EXEC: Deckers’ Q4 Is A Tale Of Two Diverging Brands With A Common DTC Focus


Photo courtesy Hoka