Fueled by higher levels of full-price selling and double-digit sales gains for both its Hoka and Ugg brands, Deckers Outdoor reported 81% net income growth to $115,625,000 from $63,552,000 for the fiscal first quarter ended June 30. The period marked the last earnings call for CEO and President Dave Powers who is retiring next month. DECK shares shot up more than 10% in after-hours trading today.

Total FQ1 revenues rose by 22% to $825,347,000 from $675,791,000, bolstered by a 30% increase for Hoka to $545.2 million and 14% improvement at Ugg to ... Log in to view full article.