Deckers Brands beats expectations as sales soar
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Read More →Deckers counters activist investor in letter to shareholders
Deckers Brands’ board of directors released a letter to shareholders, highlighting improvements to its costs, sales and stock performance and urging shareholders to vote for its nominees over those of activist investor Marcato Capital Management. In the Nov. 2 letter, the Goleta-based footwear and apparel company said it had made headway toward its $100 million Read More →
Read More →Deckers halts sale hunt against investors’ wishes
Footwear manufacturer Deckers Brands will launch a $400 million share buyback program as it wrapped up a strategic business review and simultaneously reported a 26 percent increase in its second quarter net income. In an earnings conference call on Oct. 26, the Goleta-based company said that it would no longer actively pursue a sale or Read More →
Read More →Deckers Brands sales up 20 percent year-over-year
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Read More →Deckers Brands sales up 20 percent year-over-year
Deckers Brands reported a 20.3 percent year-over-year net increase in sales but still had a net loss of $42.1 million for its fiscal first quarter ended June 30. Sales continued to grow in its direct-to-consumer channel, including its Hoka One One brand, and the figure included wholesale shipments of Ugg products originally expected to ship Read More →
Read More →Activist investor demands that Deckers Brands sell company
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Read More →Deckers Brands’ losses grow as footwear sales decline
Updated at 4:20 p.m. May 26: Deckers Brands shares jumped more than 18.8 percent to $67.21 on May 26 following an earnings announcement that beat analyst expectations and continued to climb in after-hours trading. Deckers reported a net loss of $15.76 million for its fourth quarter, bringing it to a net loss of $12.7 million Read More →
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