Net income jumped 33% in the final fiscal quarter ended Mar. 31 to $91,787,000 up from $68,819,000 on soaring Hoka sales that sent revenues 8% higher to $791,571,000 from $736,007,000. Wholesale was flat at $448.4 million, as orders from eager Hoka buyers were offset by lower demand for Ugg. Direct-to-consumer sales jumped 20% to $343.1 million, with comps up 18.4%. Strong 16% international growth to $249.1 million outperformed tepid U.S. gains of 4% to $542.4 million.

Hoka sales increased 40% to $397.7 million in an important quarter for the running brand, including ... Log in to view full article.