Record annual sales for Deckers Brands

Worldwide
Published:  29 May, 2019

Net sales for the U.S. headquartered footwear Group increased 6.2% in its full fiscal 2019 to a record US$2.02 Billion, compared with US$1.90 billion for the same period in 2018.

 

Deckers Brands’ operating income was US$327.3 million in its fiscal 2019, up from US$222.6 million in 2018, and diluted earnings per share were US$8.84 in the period against US$3.58 in the prior year. Sales for the UGG brand increased 1.7% to US$1.53 billion, while net sales for the Hoka One One increased 45.4% to US$223.1 million. Teva brand net also increased 2.9% to US$137.4 million, but Sanuk brand net sales declined 9.1% to U$82.6 million. Overall, Group sales in the U.S. home market increased 8.9% to US$1.27 billion, while international sales increased 1.8% to US$742.1 million.

For its full year fiscal 2020 ending March 31, 2020, Deckers expects net sales to be in the range of US$2.09 billion to US$2.12 billion, and sales in the first quarter of fiscal 2020 ending June 30, 2019, to be in the range of US$250 million to US$260 million.