Deckers Brands posted a 17.1% year-on-year increase in Q3 FY25 net sales, reaching $1.83bn, driven by strong performances from Ugg and Hoka. Ugg sales rose 16.1% to $1.24bn, while Hoka saw a 23.7% increase to $530.9m.
The direct-to-consumer segment grew 17.9% to $1.01bn, while wholesale sales rose 16.2% to $815.8m. Domestic sales increased 11.5% to $1.17bn, and international sales surged 28.5% to $657.9m.
The company's operating income rose to $567.27m from $487.89m, while its gross margin improved to 60.3% from 58.7% in Q3 FY24.
However, selling, general, and administrative (SG&A) expenses also increased significantly, reaching $535.3m compared to $428.7m.
CEO Stefano Caroti highlighted Ugg's global momentum and Hoka's continued strategic growth.
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