Hoka and Ugg Help Deckers Deliver Its Largest Quarter Ever
February 3, 2022
Deckers Brands delivered its largest quarter in history for the third quarter of 2022 despite ongoing supply chain issues and a slowdown in its Sanuk and Koolaburra brands.
The footwear conglomerate – which also owns Hoka, Ugg, and Teva – reported a revenue increase of 10.2% to $1.188 billion in the third quarter compared to $1.078 billion for the same period last year. Operating income came in at $293.4 million in third quarter compared to $328.7 million for the same period last year. Yahoo News