Deckers Q3 2021 Earnings Report
Key Takeaways
Deckers Brands reported a record third quarter with revenue increasing by 14.8% to $1.078 billion and earnings per share increasing by 26.0% to $8.99. The company's performance was driven by strong demand for the UGG brand and the global expansion of the HOKA ONE ONE brand, with e-commerce playing a significant role.
Third Quarter Fiscal 2021 Revenue Increased 14.8% to a Record $1.078 Billion.
Third Quarter Fiscal 2021 Earnings Per Share Increased 26.0% to a Record $8.99.
UGG brand net sales increased 12.2% to $876.8 million.
HOKA ONE ONE brand net sales increased 52.1% to $141.6 million.
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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