Hoka One One news and archive

Deckers Brands promotes Angela Ogbechie as chief supply chain officer

Deckers Brands has announced the promotion of Angela Ogbechie to the newly created role of chief supply chain officer, effective June 24, 2022. Ogbechie, the company said in a release, will become a member of the executive leadership team, reporting directly to Dave Powers, chief executive officer and president of Deckers Brands. "Angela is...

BusinessFeatured

Deckers Brands reports increase in Q4 net sales and earnings

Deckers Brands reported net sales increase of 31.2 percent to 736 million dollars for the fourth quarter. On a constant currency basis, net sales increased 31.7 percent. The company’s full year net sales increased 23.8 percent to 3.150 billion dollars, while on a constant currency basis, net sales increased 23.2 percent.. "Fiscal year 2022 was...

Business

Deckers Brands posts Q3 sales increase of 10.2 percent

Third quarter net sales at Deckers Brands increased 10.2 percent to 1.188 billion dollars compared to 1.078 billion dollars for the same period last year. On a constant currency basis, net sales increased 9.7 percent. Gross margin for the quarter was 52.3 percent compared to 57 percent for the same period last year and diluted earnings per share...

Business

Deckers Brands posts sales and earnings growth

For the second quarter, net sales at Deckers Brands increased 15.8 percent to 721.9 million dollars , while on a constant currency basis, net sales increased 14.8 percent. Gross margin was 50.9 percent compared to 51.2 percent for the same period last year. Operating income was 128.2 million dollars compared to 128.6 million dollars for the same...

People

David Burwick joins Deckers Brands’ board of directors

Deckers Brands has announced the election of David A. Burwick to the board of directors. Burwick replaces Brian A. Spaly, who did not stand for reelection to the board at the 2021 annual meeting of stockholders. “We are glad to welcome Dave to the Deckers Board,” said Mike Devine, chairman of the board in a release, adding, “He brings a wealth...

Fashion

Hoka One One collaborates with Engineered Garments

In what will now be its fourth collaboration, performance footwear brand Hoka One One has linked up with fashion label Engineered Garments on a new gender-free shoe design. The two brands will be creating a special edition of the Bondi L shoe, an original design of Hoka with a rework by the Japanese and American inspired streetwear brand. The...

BusinessFeatured

Deckers Brands raises FY22 sales and profit outlook

For the first quarter, Deckers Brands revenue increased 78.2 percent to 504.7 million dollars, while earnings per share increased to 1.71 dollars. The company has raised the full year fiscal 2022 outlook and now expects earnings per share in the range of 14.45 dollars to 15.10 dollars. “Our portfolio of brands delivered a strong start to fiscal...

BusinessFeatured

Hoka and UGG drive Deckers Brands Q4 and full year sales

Net sales for the fourth quarter increased 49.7 percent to 561.2 million dollars at Deckers Brands, while on a constant currency basis, net sales increased 47.9 percent. Fourth quarter diluted earnings per share rose to 1.18 dollars compared to 57 cents for the same period last year. “Fiscal 2021 was an exceptional year for Deckers, led by...

Business

Deckers Brands Q3 sales improve 14.8 percent, earnings up 26 percent

Deckers Brands third quarter revenue increased 14.8 percent to 1.078 billion dollars and earnings per share increased 26 percent to a 8.99 dollars. On a constant currency basis, the company’s net sales increased 13.8 percent. Gross margin was 57 percent compared to 54.1 percent for the same period last year. “Our record third quarter performance...

Business

Deckers Brands posts 15 percent sales increase in Q2

For the second quarter, net sales at Deckers Brands increased 15 percent to 623.5 million dollars compared to the same period last year, while on a constant currency basis, net sales increased 14.1 percent. The company said in a statement that gross margin was 51.2 percent compared to 50.4 percent for the same period last year, while diluted...

BusinessFeatured

Deckers Brands full year sales and earnings improve

For the fourth quarter, Deckers Brands’ net sales decreased 4.9 percent to 374.9 million dollars and n a constant currency basis, net sales decreased 4.5percent. The company said in a statement that full year net sales increased 5.6 percent to 2.133 billion dollars and on a constant currency basis, net sales increased 6.5 percent. Fourth quarter...

BusinessFeatured

Hoka One One boosts Deckers Brands' Q3 sales and earnings

Deckers Brands’ third quarter net sales increased 7.4 percent to 938.7 million dollars, while on a constant currency basis, net sales increased 8.4 percent. The company said in a statement that gross margin was 54.1 percent compared to 53.8 percent for the same period last year and diluted earnings per share were 7.14 dollars compared to the...