Deckers Q4 2020 Earnings Report
Key Takeaways
Deckers Brands reported a decrease in net sales by 4.9% to $374.9 million for the fourth quarter of fiscal year 2020. Diluted earnings per share was $0.57, compared to $0.82 for the same period last year. The company experienced disruptions due to COVID-19 but maintains a strong liquidity position.
Net sales decreased by 4.9% to $374.9 million.
Diluted earnings per share was $0.57, down from $0.82 in the prior year.
UGG brand sales decreased by 17.9%, while HOKA ONE ONE brand sales increased by 51.8%.
Company's liquidity position remained strong with over $1 billion, including $649.4 million in cash and cash equivalents.
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