Net income soared in DECK’s important third fiscal quarter ended Dec. 31, growing 29% to $263,204,000 from $203,287,000 on 15% higher sales of $1,077,759,000, up from $938,735,000 powered by solid growth from Ugg and another huge result from Hoka. Direct-to-consumer expanded 26% to $519.9 million including +33.8% DTC comps, reaching 48% of sales up from 44% last year, and wholesale was also higher, growing 6% to $557.9 million. DECK shares inched up after hours on the strong quarter.

Despite the blowout quarter, the first ever to top $1 billion in sales, DECK declined to offer up guidance for the full fiscal ... Log in to view full article.