Deckers flies high with HokaOwner of the brands Hoka, Ugg, Teva and Sanuk, Deckers ends 2019 with a revenue of 2.02 billion dollars, up +6.2% compared to 2017
Driving the growth and performance of the company is its Hoka One One brand that recorded sales on the rise by +45.4% for 223.1 million dollars. The UGG and Teva brands also registered a positive trend, respectively growing by +1.7% to 1.53 billion and by +2.9% to 137.4 million dollars. The brand Sanuck was instead down by -9.1% for a total of 82.6 million dollars.
The annual net profit for Deckers was equal to 264.3 million dollars, on the rise by 131.6% compared to the 114.39 million dollars recorded in 2018. “The 2019 fiscal year represented another successful year for Deckers, surpassing the milestone of 2 billion dollars in revenue with exceptional levels of profitability– declared Dave Powers, President and CEO of the group to MFF – while achieving our long-term targets a year ahead of schedule”.
In 2020, Deckers expects to record a sales revenue between 2.09 and 2.12 billion dollars.