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Article Date: January 2020
Word Count: 610

Deckers Has Record Quarter Led by Hoka and Ugg


Net income increased 5% in the fiscal third quarter ended Dec. 31 to $203,287,000 from $194,027,000 as strong Hoka sales and a positive quarter from Ugg sent revenues up 7% to $938,735,000 from $873,800,000 in Deckers’ best quarter ever. While some of the additional sales were pulled forward from Jan., the results led DECK to raise guidance for the full year ending Mar. 31, 2020, and it now expects total sales of $2.150 to $2.160 billion up from earlier guidance of $2.115 to $2.140 billion. Assuming a gross margin for the year of about 51.5%, up from earlier guidance of ... Log in to view full article.

 


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