theva news and archive

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...

Report

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...

Report

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...

Report

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...

Management

Hoka One One boosts Deckers Brands' Q3 sales and earnings

Deckers Brands’ third quarter net sales increased 7.4 percent to 938.7 million dollars, while on a constant currency basis, net sales increased 8.4 percent. The company said in a statement that gross margin was 54.1 percent compared to 53.8 percent for the same period last year and diluted earnings per share were 7.14 dollars compared to the...