Deckers Brands reported improved revenues and earnings for the second quarter on Thursday and upped its full-year financial outlook, as sales at its Hoka One One athletic footwear brand bounded forward 50%.
The fashion and footwear group announced on Thursday that it made over $2 billion in annual revenues for the first time in fiscal 2019, with particularly strong growth seen at its Hoka One One running shoe brand.
The net sales of Deckers Brands in the first quarter of fiscal 2019 has increased 19.5 per cent to $250.6 million compared to $209.7 million for the same period last year. Net sales increased 17.6 per cent.
The Deckers Brands labels announced on Thursday that they have entered into a partnership with Camber Outdoors, an organization dedicated to promoting corporate diversity and women’s leadership within the outdoor sector.