Deckers Outdoor Delivers Better-Than-Expected Q2 Earnings Led By Strength In HOKA, UGG Brands

HOKA and UGG brand parent company Deckers Outdoor Corp (NYSE:DECK) reported financial results for its fiscal second quarter after the market close on Thursday. Here are the key details from the report.

Q2 Earnings: Deckers reported second-quarter revenue of $1.31 billion, beating analyst estimates of $1.2 billion. The casual footwear and apparel company reported second-quarter earnings of $1.59, beating analyst estimates of $1.23 per share, according to Benzinga Pro.

Total revenue increased 20.1% year-over-year. Direct-to-consumer sales were up 19.9% to $397.7 million and wholesale net sales climbed 20.2% to $913.7 million. Domestic sales increased 14.2% ...