Sanuk news and archive

Deckers Brands Q2 net sales jump 24.7 percent

Deckers Brands second quarter net sales increased 24.7 percent to 1.092 billion dollars, while on a constant currency basis, net sales increased 24.2 percent. Gross margin was 53.4 percent compared to 48.2 percent, operating income was 224.6 million dollars compared to 127.8 million dollars and diluted earnings per share were 6.82 dollars...

Report

Deckers Brands maintains outlook after strong Q2

Deckers Brands net sales increased 21.3 percent to 875.6 million dollars and on a constant currency basis, net sales increased 24.8 percent. The company’s operating income was 127.8 million dollars compared to 128.2 million dollars and diluted earnings per share were 3.80 dollars compared to 3.66 dollars. "Deckers' strong performance in the...

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Deckers Brands Q1 sales up 21.8 percent

Deckers Brands first quarter net sales increased 21.8 percent to 614.5 million dollars, while on a constant currency basis, net sales increased 23.5 percent. The company also reaffirmed its financial outlook for the full fiscal year ending March 31, 2023. "Fiscal year 2023 is off to a solid start, with Hoka driving strong growth, propelling the...

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Deckers Brands promotes Angela Ogbechie as chief supply chain officer

Deckers Brands has announced the promotion of Angela Ogbechie to the newly created role of chief supply chain officer, effective June 24, 2022. Ogbechie, the company said in a release, will become a member of the executive leadership team, reporting directly to Dave Powers, chief executive officer and president of Deckers Brands. "Angela is...

ManagementFeatured

Deckers Brands reports increase in Q4 net sales and earnings

Deckers Brands reported net sales increase of 31.2 percent to 736 million dollars for the fourth quarter. On a constant currency basis, net sales increased 31.7 percent. The company’s full year net sales increased 23.8 percent to 3.150 billion dollars, while on a constant currency basis, net sales increased 23.2 percent.. "Fiscal year 2022 was...

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Deckers Brands posts Q3 sales increase of 10.2 percent

Third quarter net sales at Deckers Brands increased 10.2 percent to 1.188 billion dollars compared to 1.078 billion dollars for the same period last year. On a constant currency basis, net sales increased 9.7 percent. Gross margin for the quarter was 52.3 percent compared to 57 percent for the same period last year and diluted earnings per share...

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Deckers Brands posts sales and earnings growth

For the second quarter, net sales at Deckers Brands increased 15.8 percent to 721.9 million dollars , while on a constant currency basis, net sales increased 14.8 percent. Gross margin was 50.9 percent compared to 51.2 percent for the same period last year. Operating income was 128.2 million dollars compared to 128.6 million dollars for the same...

People

David Burwick joins Deckers Brands’ board of directors

Deckers Brands has announced the election of David A. Burwick to the board of directors. Burwick replaces Brian A. Spaly, who did not stand for reelection to the board at the 2021 annual meeting of stockholders. “We are glad to welcome Dave to the Deckers Board,” said Mike Devine, chairman of the board in a release, adding, “He brings a wealth...

Management

Deckers Brands raises FY22 sales and profit outlook

For the first quarter, Deckers Brands revenue increased 78.2 percent to 504.7 million dollars, while earnings per share increased to 1.71 dollars. The company has raised the full year fiscal 2022 outlook and now expects earnings per share in the range of 14.45 dollars to 15.10 dollars. “Our portfolio of brands delivered a strong start to fiscal...

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Deckers Brands posts 15 percent sales increase in Q2

For the second quarter, net sales at Deckers Brands increased 15 percent to 623.5 million dollars compared to the same period last year, while on a constant currency basis, net sales increased 14.1 percent. The company said in a statement that gross margin was 51.2 percent compared to 50.4 percent for the same period last year, while diluted...

Retail

Sanuk and Kassia+Surf announce exclusive collaboration

Footwear brand, Sanuk, has announced an exclusive capsule collection with wetsuit brand, Kassia+Surf, founded by Kasia Meador. The collection features sustainable materials such as hemp blend uppers and straps made from recycled plastic bottles and Meador’s signature psychedelic design to recreate Sanuk’s bestselling women’s styles, the Pair O...

ManagementFeatured

Deckers Brands full year sales and earnings improve

For the fourth quarter, Deckers Brands’ net sales decreased 4.9 percent to 374.9 million dollars and n a constant currency basis, net sales decreased 4.5percent. The company said in a statement that full year net sales increased 5.6 percent to 2.133 billion dollars and on a constant currency basis, net sales increased 6.5 percent. Fourth quarter...