×
63 389
Fashion Jobs
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Madison
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Mansfield
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Lafayette
KOHLS
Full-Time Loss Prevention Officer
Permanent · Fremont
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Cape Coral
NIKE
Senior Product Manager, Line Planning And Merchandising
Permanent · Beaverton
NIKE
Business Success Manager – Multi-Node Inventory Planning
Permanent · Beaverton
NIKE
Product Manager – Multi-Node Inventory Planning
Permanent · Beaverton
NIKE
Product Manager, Line Planning And Merchandising
Permanent · Beaverton
NIKE
Live Consumer Direct Marketing, Global Store Marketing Manager
Permanent · Beaverton
CONVERSE
Product Integrity Manager
Permanent · Boston
NIKE
Director, Omni-Channel Marketing Solution Engineering
Permanent · Beaverton
NIKE
Product Manager, Global Sourcing Manufacturing Data Product & Reporting
Permanent · Beaverton
NIKE
Manager, Analytics & Operations, Nike Athlete Experience
Permanent · Beaverton
ULTA BEAUTY, INC.
General Manager
Permanent · Johns Creek
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Virginia Beach
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Mount Laurel Township
ULTA BEAUTY, INC.
co - Sales Manager
Permanent · Schaumburg
ULTA BEAUTY, INC.
General Manager
Permanent · Conway
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Gilbert
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Lakewood
ULTA BEAUTY, INC.
co - Sales Manager
Permanent · Pasadena
Published
Jul 30, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Deckers Brands sees sales surge 78%

Published
Jul 30, 2021

Revenues at Goleta, California-based footwear, accessories and apparel group Deckers Brands totaled $504.7 million in the first quarter, up 78.2% from $283.2 million in the same prior-year period, as the company experienced strong growth across its brand portfolio. In constant currencies the increase was 76.1%.
 

The Hoka brand experienced one of the strongest increases in its sales during the quarter - Instagram: @hokaoneone


In the first quarter ended June 30, 2021, the company’s popular Hoka One One running shoe brand saw its sales rise 95.5% year over year to $213.1 million, while its Ugg boot business posted a rise of 70.8% in its revenue, which came to $213.0 million.
 
Sandal brand Teva experienced similar growth, achieving an increase of 65.9% in its sales, which totaled $58.5 million, while casual footwear label Sanuk managed a 13.7% rise in sales of $15.0 million. The company’s “other brands” segment, primarily made up of the Koolaburra business, posted quarterly net sales of $5.0 million, up 435.9% from the prior-year period.

Broken down by distribution channel, Deckers’ quarterly wholesale revenue increased 140.2% to $344.3 million, while its direct-to-consumer sales were $160.4 million, up 14.7% compared to $139.8 million in the same period in the previous year.
 
Domestic sales for the quarter came to $336.1 million, increasing 82.3% year over year. International sales rose 70.5% to $168.6 million.
 
First-quarter net income at Deckers was $48.1 million, up from a loss of $8.0 million in the same period in the previous year. Diluted earnings per share came to $1.71, compared to a loss per share of $0.28.
 
“Our portfolio of brands delivered a strong start to fiscal 2022, which propelled Deckers to its most profitable first quarter ever,” said Deckers president and CEO Dave Powers in a release. “While macro-economic headwinds persist throughout the supply chain, we are confident in the consumer demand for our brands and the resilience of our global omnichannel organization, and we remain dedicated to the foundational, long-term strategies driving Deckers’ success.”
 
Looking forward, Deckers currently expects its full-year net sales to be in the range of $3.010 billion to $3.060 billion. Annual diluted earnings per share are expected to be between $14.45 and $15.10.

Copyright © 2021 FashionNetwork.com All rights reserved.