Deckers 1Q Sales Rise as Hoka's Growth Continues

Dow Jones
07/24
 

Deckers Outdoor's quarterly sales rose on continued growth from its two biggest brands, with particular strength for Hoka.

The footwear and apparel company also bumped up its profit forecast for the fiscal year, but kept its sales outlook unchanged.

Deckers' fiscal first-quarter net income came in at $130 million, or 94 cents a share, compared with $139.2 million, or 93 cents a share, a year earlier. Analysts polled by FactSet forecast earnings of 88 cents a share.

Sales rose 5.7% to $1.02 billion, in line with analyst estimates.

Chief Executive Stefano Caroti attributed the results to growing global demand for Hoka and Ugg, helped by the brands' product innovation. In the quarter, Hoka sales increased 7.7%, to $703.5 million, while Ugg sales increased 4.9% to $278 million. Sales for the company's other brands fell 18%.

By channel, wholesale sales ticked up 2.2% and direct-to-consumer sales climbed 13%.

The company bumped up its profit forecast for the year, guiding for earnings per share of $7.35 to $7.50, compared with a prior range of $7.30 to $7.45. It continues to expect net sales of $5.86 billion to $5.91 billion for the year, which ends March 31, 2027.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

July 23, 2026 16:38 ET (20:38 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10