Shares of Deckers Outdoor jumped as much as 14% to breach the $1,000 mark for the first time on Friday, as the footwear company posted upbeat fourth-quarter results, riding on the popularity of Ugg boots and Hoka sneakers among Americans. Hoka The company’s stock has been on a tear since the beginning of last year, [...]read moreHoka-owner Deckers’ shares breach $1,000 mark for the first time
Deckers Brands announced on Thursday net sales surged 18.2% to $4.288 billion for the fiscal-year 2024, on the back of a double-digit sales hike at Hoka and Ugg. Deckers Brands ends year with 18% sales surge. – Ugg The Goleta, California-based company said wholesale net sales increased 12.6% to $2.432 billion, alongside a direct-to-consumer sales increase [...]read moreDeckers Brands ends year with 18% sales surge
Deckers Brands announced on Thursday record sales for the third quarter, adding Dave Powers has decided to retire as president and chief executive officer of the U.S. footwear firm, effective August 1. Ugg The owner of Ugg and Hoka brands said net sales increased 16% to $1.56 billion during the three months ending December 31, with domestic net sales up [...]read moreUgg, Hoka owner Deckers reports record quarterly sales, says CEO will retire