Mixed results for Deckers
03/02/2020
UGG sales for the third quarter increased 2.6% to $781.1 million compared to $761 million, while Hoka One One sales leaped 64% to $93.1 million.
However, Teva sales fell 25.1% to $17.2 million and Sanuk sales slumped 34.5% to $8.5 million.
Dave Powers, Deckers’ CEO, said: "Our third quarter results were driven by three of our brands experiencing record levels of quarterly revenue, resulting in an updated outlook that reflects another year of strong top-line growth and earnings expansion.
"Heading into the fourth quarter, our brands are intent on maintaining the momentum seen throughout this fiscal year as we are planning continued investment in consumer engagement opportunities and compelling product introductions."
Share this story:
