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.
Results for "deckers"
We found 838 results for your search.
EXEC: Hoka Delivers Another Gangbuster Performance For Deckers Brands
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.”
Deckers Brands Lifts Outlook As Hoka’s Q3 Revenues Surge Over 90 Percent
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.
VF Corp. Gets An Analyst Downgrade; Price Targets Raised For Deckers, Skechers
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.
EXEC: Hoka Delivers Another Powerhouse Performance For Deckers Brands
Deckers Brands said Ugg saw a solid performance in the fiscal second quarter ending September 30, continuing to benefit from progress diversifying beyond classics. However, the star brand again was Hoka, which saw sales surge 58.3 percent to $333.0 million. Hoka’s six-month revenue growth was 57 percent versus last year, with the brand now representing […]
Deckers Brands’ Q2 Again Driven By Hoka’s Outperformance
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.
EXEC: Hoka Powers Deckers Brands To Q1 Beat
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.
Deckers Brands Lifts FY Outlook On Blowout Q1 For Hoka
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.
Deckers Brands Appoints President Of Fashion Lifestyle
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.
Deckers Brands Appoints Chief Supply Chain Officer, COO To Exit
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.
EXEC: Deckers Brands Q4 Boosted By Uggs’ Outperformance
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.
President Of Performance Lifestyle At Deckers Brands, To Step Down
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.
Deckers Brands Q4 Blows Past Wall Street Targets
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.
Inside The Call: Deckers Brands Sees In-Transit Inventory Levels Double At Year-End
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.
Deckers Brands Raises Full-Year Guidance
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.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal