Deckers Brands has ended the fiscal year on a strong note thanks to the solid performances of its Hoka and Ugg labels.
The company’s net sales for the year ended March 31 surged 16.3 per cent to $4.986 billion, beating the previous guidance of 15 per cent.
Hoka sales jumped 23.6 per cent and Ugg increased 13.1 per cent. Other brands, namely Teva, Koolaburra and Ahnu, decreased 8.6 per cent.
Domestic sales increased 11.3 per cent while international sales grew 26.3 per cent. Operating income improved 27 per cent to $1.179 billion.
For the fourth quarter, net sales rose 6.5 per cent, with domestic sales flat and international sales up 19.9 per cent.
President and CEO Stefano Caroti said the company delivered another “exceptional year” highlighted by its hero brands and record earnings per share.
“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,” Caroti added.
Deckers expects net sales to be in the range of $890 million to $910 million in the first quarter of FY26.
The company did not provide a full-year outlook due to “macroeconomic uncertainty related to evolving global trade policies”.