×
3 513
Fashion Jobs
HOMESENSE
Homesense Altrincham Loss Prevention Security Officer Part Time 20 Hours
Permanent · Altrincham
ABERCROMBIE AND FITCH CO.
Asset Protection Investigator
Permanent · London
ABERCROMBIE AND FITCH CO.
Asset Protection Agent
Permanent · London
NGG
Revenue Operations Manager
Permanent · LONDON
DEBENHAMS
Key Account Manager
Permanent · LONDON
BOOHOO
SEO Assistant & Copywriter
Permanent · MANCHESTER
FRASERS GROUP
General Kitchen Manager
Permanent · SHIREBROOK
URBN
Free People Keyholder - Duke of York, London (16hrs)
Permanent · LONDON
URBN
Free People Keyholder - Duke of York, London (32hrs)
Permanent · LONDON
HARVEY NICHOLS KNIGHTSBRIDGE
Security Officer
Permanent · LONDON
AESOP
Retail Consultant | Aesop Harrods Counter London | Full Time
Permanent · London
VF INTERNATIONAL
Credit Controller - German Speaking
Permanent · CALVERTON
NEW BALANCE
Associate Trade Marketing Manager, Lifestyle
Permanent · Warrington
MATCHES FASHION
Accounts Payable Assistant
Permanent · LONDON
SCHUH
Accounts Payable Specialist
Permanent · LIVINGSTON
I SAW IT FIRST
Head of Creative - i Saw IT First & Missguided
Permanent · STRETFORD
HOUSE OF FRASER
Loss Prevention Supervisor - House of Fraser
Permanent · DARTFORD
EVERLAST GYMS
General Manager - Everlast Gyms
Permanent · SELBY
MULBERRY
Customs Entry Coordinator
Permanent · SHEPTON MALLET
SELFRIDGES
Finance Manager - Stock
Permanent · LONDON
NEXT
Sales Manager - Stockton Teesside Retail Park
Permanent · THORNABY
NEXT
Sales Coordinator - Blackburn The Mall
Permanent · BLACKBURN
Ads
Published
Feb 3, 2023
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Deckers Q3 sales up 13%, Hoka, Teva soar

Published
Feb 3, 2023

Deckers Brands announced on Thursday a 13% revenue jump for the third quarter ended December 31, lead by heavy gains at Hoka and Teva. 

Deckers Q3 sales up 13%, Hoka, Teva soar. - Ugg


The Goleta, California-based company said quarterly net sales increased 13.3% to $1.346 billion compared to $1.188 billion. 

By channel, wholesale net sales increased 8% to $646.3 million compared to $598.4 million, while Direct-to-Consumer (DTC) net sales increased 18.7% to $699.3 million compared to $589.4 million. Likewise, domestic net sales increased 13.9% to $906.8 million and international net sales increased 12.1% to $438.8 million.

By brand, Hoka brand net sales soared 90.8% to $352.1 million, as did Teva brand net sales, increasing 48.3% to $30.5 million. Meanwhile, Ugg and Sanuk net sales decreased 1.6% to $930.4 million and 7.4% to $5.6 million, respectively. Other brands, primarily composed of Koolaburra, net sales decreased 12.1% to $26.9 million. 

"Our brands delivered another stellar quarter, led by record results for both Hoka as well as our consolidated direct-to-consumer business," said Dave Powers, president and chief executive officer. 

"The consistent strength of Deckers results thus far in fiscal year 2023, despite macroeconomic and currency headwinds, are the result of our brand marketplace management actions and dedication to long-term strategic priorities. We believe Ugg and Hoka are two of the healthiest, well positioned brands in their respective markets, and with the strength of our operating model, Deckers is poised for continued success going forward.”

Looking ahead, for the twelve month period ending March 31, 2023, net sales are now expected to be in the range of $3.50 billion to $3.53 billion. Diluted earnings per share are expected to be in the range of $18.00 to $18.50.

Copyright © 2023 FashionNetwork.com All rights reserved.