Latest news with #DeckersBrands
Business Wire
02-06-2025
- Business
- Business Wire
Deckers Brands to Present at Upcoming Conferences
GOLETA, Calif.--(BUSINESS WIRE)--Deckers Brands (NYSE:DECK), a global leader in designing, marketing and distributing innovative footwear, apparel and accessories, today announced that management will present at TD Cowen's 9th Annual Future of the Consumer Conference on Tuesday, June 3, 2025 as well as the Baird 2025 Global Consumer, Technology, & Services Conference on Thursday, June 5, 2025. The visual portion of the presentation will be available on the Company's investor relations site on Tuesday, June 3, 2025. To access the visual portion of the presentation, please visit The information to be made available in this presentation may contain 'forward-looking statements' within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in the presentation, including statements regarding our projected financial results, including net sales, gross margin, SG&A expenses, operating margin, inventories, effective tax rate, and diluted earnings per share; consumer confidence and discretionary spending, including uncertainties associated with the global trade environment; the strength of our brands and demand for our products; our ability to drive future growth and profitability; our ability to execute on our long-term strategies, objectives, and opportunities; and our ability to return value to our stockholders, including potential repurchase of shares. We have attempted to identify forward-looking statements by using words such as 'anticipate,' 'believe,' 'estimate,' 'intend,' 'may,' 'plan,' 'predict,' 'project,' 'should,' 'will,' or 'would,' and similar expressions or the negative of these expressions. In addition, actual results could differ materially from those suggested by the forward-looking statements, and therefore you should not place undue reliance on the forward-looking statements. About Deckers Brands Deckers Brands is a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories developed for both everyday casual lifestyle use and high-performance activities. The Company's portfolio of brands includes UGG®, HOKA®, Teva®, Koolaburra®, and AHNU®. Deckers Brands products are sold in more than 50 countries and territories through select department and specialty stores, Company-owned and operated retail stores, and select online stores, including Company-owned websites. Deckers Brands has over 50 years of history building niche footwear brands into lifestyle market leaders attracting millions of loyal consumers globally. For more information, please visit
Yahoo
02-06-2025
- Business
- Yahoo
Deckers Brands to Present at Upcoming Conferences
GOLETA, Calif., June 02, 2025--(BUSINESS WIRE)--Deckers Brands (NYSE:DECK), a global leader in designing, marketing and distributing innovative footwear, apparel and accessories, today announced that management will present at TD Cowen's 9th Annual Future of the Consumer Conference on Tuesday, June 3, 2025 as well as the Baird 2025 Global Consumer, Technology, & Services Conference on Thursday, June 5, 2025. The visual portion of the presentation will be available on the Company's investor relations site on Tuesday, June 3, 2025. To access the visual portion of the presentation, please visit The information to be made available in this presentation may contain "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in the presentation, including statements regarding our projected financial results, including net sales, gross margin, SG&A expenses, operating margin, inventories, effective tax rate, and diluted earnings per share; consumer confidence and discretionary spending, including uncertainties associated with the global trade environment; the strength of our brands and demand for our products; our ability to drive future growth and profitability; our ability to execute on our long-term strategies, objectives, and opportunities; and our ability to return value to our stockholders, including potential repurchase of shares. We have attempted to identify forward-looking statements by using words such as "anticipate," "believe," "estimate," "intend," "may," "plan," "predict," "project," "should," "will," or "would," and similar expressions or the negative of these expressions. In addition, actual results could differ materially from those suggested by the forward-looking statements, and therefore you should not place undue reliance on the forward-looking statements. About Deckers Brands Deckers Brands is a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories developed for both everyday casual lifestyle use and high-performance activities. The Company's portfolio of brands includes UGG®, HOKA®, Teva®, Koolaburra®, and AHNU®. Deckers Brands products are sold in more than 50 countries and territories through select department and specialty stores, Company-owned and operated retail stores, and select online stores, including Company-owned websites. Deckers Brands has over 50 years of history building niche footwear brands into lifestyle market leaders attracting millions of loyal consumers globally. For more information, please visit View source version on Contacts Investor Relations Contact: Erinn Kohler | VP, Investor Relations, Corporate Planning & Business Analytics | 805.967.7611
Fibre2Fashion
23-05-2025
- Business
- Fibre2Fashion
US' Deckers Brands' FY25 sales up 16%, projects strong FY26 start
American designer and distributor of apparel and footwear Deckers Brands has anticipated net sales to be in the range of $890 million to $910 million in the first quarter (Q1) of fiscal 2026 (FY26), ending June 30, 2025. The diluted earnings per share (EPS) are projected between $0.62 and $0.67, excluding any impact from potential additional share repurchases. Due to the ongoing macroeconomic uncertainty, particularly surrounding evolving global trade policies, the company is refraining from issuing full-year guidance for FY26, Deckers Brands said in a press release. Deckers Brands has reported net sales of $4.99 billion in FY25, up 16.3 per cent YoY, led by strong growth in Hoka at 24 per cent and UGG at 13 per cent. EPS rose to $6.33. Q4 sales hit $1.02 billion, an increase of 6.5 per cent, with a gross margin of 56.7 per cent in Q4. For Q1 FY26, sales are forecast between $890â€'910 million and EPS between $0.62â€'$0.67, amid global trade uncertainties. In the full fiscal ended March 31, 2025, the company has generated net sales of $4.99 billion, an increase of 16.3 per cent year-over-year (YoY), and 16.5 per cent YoY on a constant currency basis. Brand-wise, UGG's net sales increased by 13.1 per cent to $2.53 billion in FY25. Hoka brand's net sales rose 23.6 per cent to $2.23 billion, and other brands' net sales decreased 8.6 per cent to $221.2 million. Channel-wise, wholesale net sales saw an increase of 17.4 per cent to $2.86 billion, and direct-to-consumer (DTC) net sales grew 14.8 per cent to $2.130 billion. DTC comparable net sales increased 13.4 per cent. Region-wise, domestic net sales saw a rise of 11.3 per cent to $3.187 billion, and international net sales rose 26.3 per cent to $1.8 billion. The gross margin in FY25 was 57.9 per cent compared to 55.6 per cent in FY24. The selling, general, and administrative (SG&A) expenses were $1.707 billion, operating income was $1.179 billion, and diluted earnings per share (EPS) stood at $6.33. 'Deckers delivered another exceptional year of results in fiscal 2025, highlighted by the Hoka and UGG brands' respective revenue growth of 24 per cent and 13 per cent, as well as record earnings per share,' said Stefano Caroti, president and chief executive officer (CEO) at Deckers. 'While the global trade environment has introduced greater near-term uncertainty, we are very confident in the exciting opportunities ahead for Hoka and UGG. We view these brands as industry leaders, each with iconic and innovative products that operate in differentiated marketplaces. Alongside Deckers' superb balance sheet, this positions us well to manage through the near-term with a focus on the long-term,' added Caroti. In the fourth quarter (Q4) of FY25, Deckers' net sales went up 6.5 per cent to $1.02 billion and 7.5 per cent on a constant currency basis. UGG's net sales rose 3.6 per cent to $374.3 million, Hoka grew 10 per cent to $586.1 million, and other brands decreased 6.3 per cent to $61.3 million. Wholesale net sales were up 12.3 per cent to $611.6 million, DTC decreased 1.2 per cent to $410.2 million and DTC comparable declined 1.6 per cent. Domestic sales reached $647.7 million and international net sales increased by 19.9 per cent to $374.1 million. The gross margin in Q4 was 56.7 per cent, SG&A expenses were $405.8 million, operating income was $173.9 million, and diluted EPS was $1. 'Fiscal year 2025 was Deckers' fifth consecutive year of double-digit revenue and earnings per share growth, with respective compound annual growth rates of 19 per cent and 32 per cent over the five-year period,' said Steve Fasching, chief financial officer (CFO) at Deckers Brands . 'We will remain nimble and disciplined as we navigate near-term uncertainty, while actively investing in our strategic long-term growth opportunities. Importantly, Deckers remains capable of returning compelling value to shareholders, supported by $1.9 billion in cash on hand, sustainable cash flow generation, and our increased share repurchase authorization that now totals $2.5 billion.' Fibre2Fashion News Desk (SG)
Yahoo
22-05-2025
- Business
- Yahoo
Deckers Brands Appoints Cynthia L. Davis as Chair of the Board
Michael F. Devine, III to Retire from the Board After Over 14 Years of Service GOLETA, Calif., May 22, 2025--(BUSINESS WIRE)--Deckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced the appointment of Cynthia (Cindy) L. Davis as Chair of the Board of Directors (the "Board"), effective immediately. She succeeds Michael (Mike) F. Devine, III, who is retiring from the Board after over 14 years of service, including six years as Chair. Ms. Davis joined the Board in 2018 and has served as Chair of its Talent & Compensation Committee since 2019 and as a member of its Corporate Responsibility, Sustainability & Governance Committee since 2021. She brings significant footwear and retail industry leadership experience, having served in several public company executive and board roles throughout the last three decades. Ms. Davis' particular expertise in the areas of premium branding, finance and risk oversight has been instrumental to Deckers, which has achieved record growth during her tenure. Mr. Devine commented, "We are delighted to name Cindy as the next Chair of the Board. Over the past seven years, Cindy has added tremendous value, leveraging her deep consumer retail and brand development capabilities. As Deckers' iconic brands continue to gain strong momentum on a global scale, Cindy's knowledge and oversight will support the Company's continued success. I am proud of the track record of growth and innovation we have established and believe Deckers is well positioned to deliver value for stockholders and provide elevated experiences for customers for years to come." Ms. Davis said, "I'm honored to be appointed as Chair of the Board. Deckers has become an industry leader, offering unique and purposeful products that are increasingly embraced by consumers worldwide. The strength of our brands, disciplined marketplace management and long-term vision have positioned us for continued growth and top-tier levels of profitability. I look forward to working closely with the Board and management team to create value for all Deckers stakeholders. On behalf of the Board, I also want to thank Mike for his unwavering dedication to Deckers and remarkable leadership during a period of immense evolution for the Company, marked by five consecutive years of double-digit revenue and earnings per share growth." In connection with Ms. Davis' appointment as Chair of the Board, Victor Luis, who has served as a member of the Board and as a member of the Talent & Compensation Committee since 2020, has been named Chair of the Talent & Compensation Committee. Effective immediately upon Mr. Devine's retirement, the Board approved a reduction in its size from 11 to 10 members. About Deckers Brands Deckers Brands is a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories developed for both everyday casual lifestyle use and high-performance activities. The Company's portfolio of brands includes UGG®, HOKA®, Teva®, Koolaburra®, and AHNU®. Deckers Brands products are sold in more than 50 countries and territories through select department and specialty stores, Company-owned and operated retail stores, and select online stores, including Company-owned websites. Deckers Brands has over 50 years of history building niche footwear brands into lifestyle market leaders attracting millions of loyal consumers globally. For more information, please visit Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in this press release, including statements regarding the strength and momentum of our brands; our ability to drive future growth and profitability; our ability to execute on our long-term strategies and objectives; and our ability to achieve continued success and deliver value for our stakeholders. We have attempted to identify forward-looking statements by using words such as "anticipate," "believe," "estimate," "intend," "may," "plan," "predict," "project," "should," "will," or "would," and similar expressions or the negative of these expressions. Forward-looking statements represent our management's current expectations and predictions about trends affecting our business and industry and are based on information available as of the time such statements are made. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy or completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by the forward-looking statements. Some of the risks and uncertainties that may cause our actual results to materially differ from those expressed or implied by these forward-looking statements are described in the section entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended March 31, 2024, as well as in our Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable law or the listing rules of the New York Stock Exchange, we expressly disclaim any intent or obligation to update any forward-looking statements, or to update the reasons actual results could differ materially from those expressed or implied by these forward-looking statements, whether to conform such statements to actual results or changes in our expectations, or as a result of the availability of new information. View source version on Contacts Investor Contact: Erinn Kohler | VP, Investor Relations, Corporate Planning & Business Analytics | Deckers Brands | 805.967.7611
Business Wire
22-05-2025
- Business
- Business Wire
Deckers Brands Appoints Cynthia L. Davis as Chair of the Board
GOLETA, Calif.--(BUSINESS WIRE)--Deckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced the appointment of Cynthia (Cindy) L. Davis as Chair of the Board of Directors (the "Board"), effective immediately. She succeeds Michael (Mike) F. Devine, III, who is retiring from the Board after over 14 years of service, including six years as Chair. Ms. Davis joined the Board in 2018 and has served as Chair of its Talent & Compensation Committee since 2019 and as a member of its Corporate Responsibility, Sustainability & Governance Committee since 2021. She brings significant footwear and retail industry leadership experience, having served in several public company executive and board roles throughout the last three decades. Ms. Davis' particular expertise in the areas of premium branding, finance and risk oversight has been instrumental to Deckers, which has achieved record growth during her tenure. Mr. Devine commented, 'We are delighted to name Cindy as the next Chair of the Board. Over the past seven years, Cindy has added tremendous value, leveraging her deep consumer retail and brand development capabilities. As Deckers' iconic brands continue to gain strong momentum on a global scale, Cindy's knowledge and oversight will support the Company's continued success. I am proud of the track record of growth and innovation we have established and believe Deckers is well positioned to deliver value for stockholders and provide elevated experiences for customers for years to come.' Ms. Davis said, 'I'm honored to be appointed as Chair of the Board. Deckers has become an industry leader, offering unique and purposeful products that are increasingly embraced by consumers worldwide. The strength of our brands, disciplined marketplace management and long-term vision have positioned us for continued growth and top-tier levels of profitability. I look forward to working closely with the Board and management team to create value for all Deckers stakeholders. On behalf of the Board, I also want to thank Mike for his unwavering dedication to Deckers and remarkable leadership during a period of immense evolution for the Company, marked by five consecutive years of double-digit revenue and earnings per share growth.' In connection with Ms. Davis' appointment as Chair of the Board, Victor Luis, who has served as a member of the Board and as a member of the Talent & Compensation Committee since 2020, has been named Chair of the Talent & Compensation Committee. Effective immediately upon Mr. Devine's retirement, the Board approved a reduction in its size from 11 to 10 members. About Deckers Brands Deckers Brands is a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories developed for both everyday casual lifestyle use and high-performance activities. The Company's portfolio of brands includes UGG®, HOKA®, Teva®, Koolaburra®, and AHNU®. Deckers Brands products are sold in more than 50 countries and territories through select department and specialty stores, Company-owned and operated retail stores, and select online stores, including Company-owned websites. Deckers Brands has over 50 years of history building niche footwear brands into lifestyle market leaders attracting millions of loyal consumers globally. For more information, please visit Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in this press release, including statements regarding the strength and momentum of our brands; our ability to drive future growth and profitability; our ability to execute on our long-term strategies and objectives; and our ability to achieve continued success and deliver value for our stakeholders. We have attempted to identify forward-looking statements by using words such as 'anticipate,' 'believe,' 'estimate,' 'intend,' 'may,' 'plan,' 'predict,' 'project,' 'should,' 'will,' or 'would,' and similar expressions or the negative of these expressions. Forward-looking statements represent our management's current expectations and predictions about trends affecting our business and industry and are based on information available as of the time such statements are made. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy or completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by the forward-looking statements. Some of the risks and uncertainties that may cause our actual results to materially differ from those expressed or implied by these forward-looking statements are described in the section entitled 'Risk Factors' in our Annual Report on Form 10-K for the fiscal year ended March 31, 2024, as well as in our Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable law or the listing rules of the New York Stock Exchange, we expressly disclaim any intent or obligation to update any forward-looking statements, or to update the reasons actual results could differ materially from those expressed or implied by these forward-looking statements, whether to conform such statements to actual results or changes in our expectations, or as a result of the availability of new information.
