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.

Earnings of $10.48 per share topped Wall Street’s consensus estimate of $9.61 a share. Sales of $1.35 billion were ahead of the consensus estimate of $1.26 billion.

*****

For more background and details on Deckers Brands’  fiscal Q3 results, get inside company management’s call with analysts at SGB Executive here:

Hoka Delivers Another Gangbuster Performance For Deckers

 

Photo courtesy Hoka