Deckers Brands news and archive

Deckers Brands Q2 earnings up, net sale increase 4 percent

Deckers Brands for its second quarter ended September 30, 2018 posted net sales increase of 4 percent to 501.9 million dollars. On a constant currency basis, net sales increased 3.3 percent. The company said, diluted earnings per share rose to 2.48 dollars compared to 1.54 dollars for the same period last year, while non-GAAP diluted earnings...

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Deckers Brands trims Q1 net loss, revenues rise 19.5 percent

American footwear and apparel company Deckers Brands said on Thursday its Q1 net loss for 2018 reduced. Revenues rose by 19.5 percent from the same period last year. Hover over the graph to learn more. The company’s net loss for Q1 2018 was 30.4 million US dollars, compared to 42.1 million US dollars a year earlier. Revenues increased to 250.6...

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Hoka One One, Sanuk and Teva join Camber Outdoors as corporate partners

Performance lifestyle brands Hoka One One, Sanuk and Teva under Deckers Brands, have joined hands with Camber Outdoors as corporate partner. The company said that Camber Outdoors works with companies to accelerate equitable and inclusive workplaces so that a diversity of experiences and people drive business success. "Hoka One One, Sanuk and...

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Deckers Brands promotes Steve Fasching to Chief Financial Officer

Deckers Brands has appointed Steve Fasching to Chief Financial Officer effective July 16, 2018. The company said, Fasching previously served as the company's senior vice president, corporate strategy, planning & investor relations. He succeeds Tom George, who will transition concurrent with Fasching's appointment. “After a thorough executive...

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Deckers Brands appoints two new members to its board of directors

Cindy L. Davis and Brian A. Spaly have been appointed to Deckers Brands’ board of directors, the company announced in a statement. Deckers Brands’ portfolio includes Ugg, Koolaburra, Hoka One One, Teva and Sanuk. Davis was vice president at Nike Inc. between 2008 and 2014, and US general manager at Nike Golf from 2005 to 2008. She helped turning...

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Deckers Brands Q4 profits increase 231.2 percent

American footwear and apparel company Deckers Brands said on Thursday its Q4 net profit for 2018 rose. Revenues increased by 8.4 percent from the same period last year. The company’s net profit for Q4 2018 was 20.6 million US dollars, up from -15.7 million US dollars a year earlier. Revenues increased to 400.7 million US dollars. The profit...

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Deckers appoints William McComb to its board of directors

Deckers Brands has announced the appointment of William L. McComb to its board of birectors. The company said, McComb brings expertise in building strong brands and leveraging omni-channel consumer engagement strategies. Coinciding with this appointment, Deckers also announced that John G. Perenchio has resigned from the board. “We are very...

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Deckers Q3 net sales increase 6.6 percent

Deckers Brands for the third fiscal quarter ended December 31, 2017 reported net sales increase of 6.6 percent to 810.5 million dollars compared to 760.3 million dollars for the same period last year. On a constant currency basis, net sales increased 6.3 percent. Diluted earnings per share for the quarter were 2.69 dollars compared to 1.27...

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Deckers says stockholders voted to re-elect all its directors

After a 10-month battle with shareholder Marcato Capital Management that owns an 8.5 percent stake in the firm, Deckers Brands has announced that based on the preliminary vote count following its 2017 annual meeting of stockholders. The company said in a statement that the outcome reaffirms that the company is on the right track. “We remain...

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Deckers begins search for two new independent directors

Deckers Brands has provided an update on its ongoing board refreshment process saying that the company’s board of directors has retained a leading national director search firm and is actively engaged in a search process to identify at least two new qualified independent directors ahead of the 2018 annual meeting of stockholders. The company...

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Deckers to appoint two new independent directors at its 2018 AGM

Deckers Brands, as a part of its ongoing process of adding new perspectives and fresh voices to its board of directors, said that the company intends to appoint at least two new independent directors by its 2018 annual meeting of stockholders. The company added that the appointment of new directors will coincide with an equal number of...

Management

Deckers Brands Q2 net sales drop, EPS rises to 1.54 dollars

Deckers Brands second quarter net sales declined 0.7 percent to 482.5 million dollars compared to 485.9 million dollars for the same period last year. On a constant currency basis, net sales decreased 0.3 percent. Gross margin was 46.7 percent compared to 44.5 percent for the same period last year, while Operating income was 67.4 million...