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Sep 30, 2020

Deckers Q2 2021 Earnings Report

Deckers' second quarter performance was strong, driven by powerful brands and online demand.

Key Takeaways

Deckers Brands reported a record second quarter with revenue increasing by 15.0% to $623.5 million and earnings per share increasing by 32.2% to $3.58. The company's strong performance was attributed to its powerful brands, dedicated teams, innovative product launches, and ability to capture demand online.

Second quarter revenue increased 15.0% to a record $623.5 million.

Second quarter earnings per share increased 32.2% to a record $3.58.

UGG brand net sales increased 2.5% to $415.1 million.

HOKA ONE ONE brand net sales increased 83.2% to $143.1 million.

Total Revenue
$624M
Previous year: $542M
+15.0%
EPS
$0.6
Previous year: $0.45
+33.3%
Gross Profit
$319M
Previous year: $273M
+16.8%
Cash and Equivalents
$626M
Previous year: $178M
+252.6%
Free Cash Flow
-$41.2M
Previous year: -$177M
-76.7%
Total Assets
$2.05B
Previous year: $1.69B
+21.2%

Deckers

Deckers

Deckers Revenue by Segment

Forward Guidance

Given the ongoing and fluid economic environment related to the COVID-19 pandemic, the Company will not be providing full year guidance for fiscal year 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income