Welcome to our dedicated page for Deckers Outdoor news (Ticker: DECK), a resource for investors and traders seeking the latest updates and insights on Deckers Outdoor stock.
Deckers Outdoor Corporation (Deckers Brands, NYSE: DECK) generates a steady stream of news tied to its portfolio of lifestyle and performance footwear brands, including UGG, HOKA, Teva, Koolaburra, and AHNU. This news page aggregates coverage of the company’s official announcements, giving readers a single place to review brand updates, corporate developments, and financial disclosures.
Investors and followers of DECK can find earnings press releases that detail quarterly net sales, brand-level performance for HOKA and UGG, channel trends across wholesale and direct-to-consumer, and geographic results for domestic and international markets. These releases often include management commentary on strategy and outlook, as well as information on capital allocation activities such as share repurchases.
Beyond financial results, Deckers issues frequent brand-focused news. UGG announcements highlight global campaigns and seasonal storytelling around its lifestyle footwear and apparel. Teva news covers new collections under its “For Playground Earth” platform and collaborations that draw on archival designs. HOKA releases focus on performance footwear launches and global brand campaigns that emphasize community and the joy of movement.
Corporate governance and board-related updates, such as director nominations and board transitions, are also communicated through company news. For anyone tracking DECK stock, this page offers a convenient way to review how Deckers presents its strategy, brand evolution, and financial performance over time. Bookmark this feed to access the latest official press releases and historical announcements related to Deckers Brands.
UGG, a division of Deckers Brands (NYSE: DECK), announces the launch of the UGG® Candy Collection in collaboration with The Hershey Company and Foot Locker, featuring three children's footwear styles inspired by Hershey's Kisses, Reese's, and Twizzlers. Available from October 31, the collection includes the Classic Short, Neumel, and infants' Bixbee, designed with vibrant colors and cozy materials. Each style integrates UGGplush™ for comfort and features a Treadlite by UGG™ outsole. The launch aims to attract young consumers during the Halloween season.
Deckers Brands (NYSE: DECK) reported second-quarter fiscal 2021 revenue of $623.5 million, up 15.0% year-over-year, with earnings per share increasing by 32.2% to $3.58. Notable brand performance included HOKA ONE ONE® with an 83.2% increase in sales. The company maintained a strong balance sheet with $626.4 million in cash and equivalents. Despite the robust results, full-year guidance was withheld due to ongoing COVID-19 uncertainties. The company also faces operational challenges related to supply chain capacity and potential retail store closures.
Deckers Brands (NYSE:DECK) is set to hold a conference call on October 29, 2020, at 4:30 pm Eastern Time to discuss its second quarter fiscal 2021 results. The call will be accessible on the company's investor relations website for at least 30 days post-event. As a leader in innovative footwear and apparel, Deckers showcases brands like UGG®, HOKA ONE ONE®, and Teva®. The company operates in over 50 countries, selling products through various retail avenues including online platforms.
On October 15, 2020, UGG®, a division of Deckers Brands (NYSE: DECK), launched the FEEL GOOD. site in celebration of World Values Day. This initiative underscores UGG's commitment to sustainability through three pillars: Environment, Community, and Innovation. The site highlights UGG's partnership with the Savory Institute and its alignment with the Paris Agreement on carbon reduction. UGG aims to increase the use of sustainable materials by 35% by 2027 and has pledged to empower women through initiatives like HERproject, aiming to train 100,000 women globally by 2027.
Deckers Brands (NYSE: DECK) announces the launch of the TenNine Hike GTX hiking boot, designed to enhance the hiking experience with innovative features. Utilizing HOKA's unique HUBBLE® Geometry and a lightweight design, the boot aims to provide a smoother ride with improved impact absorption. Pre-sales begin today, with a full launch on November 1, 2020. Environmentally conscious, the boot incorporates recycled materials, contributing to sustainability efforts. HOKA emphasizes performance, stability, and traction, promising a superior product for hiking enthusiasts.
Southern California's UGG®, part of Deckers Brands (NYSE: DECK), has launched the UGG® UNIVERSAL collection in collaboration with Zappos.com. This inclusive footwear line features adaptive versions of the Classic Short and Neumel styles, designed to cater to individuals with disabilities. The collection includes sizes 5-18 for adults and sizes 10-6 for children, retailing between $130 and $170. Exclusive to Zappos.com until 2022, the initiative reflects UGG's commitment to inclusivity and accessibility in fashion.
On September 9, 2020, UGG®, a brand under Deckers Brands (NYSE: DECK), announced its sponsorship of the Hammer Museum's Made in L.A. 2020 exhibition. This exhibition showcases 30 emerging Los Angeles-based artists and runs through the end of 2020. UGG highlights the work of artists Fulton Leroy Washington (MR. WASH) and Sonya Sombreuil through powerful films that celebrate personal stories and creativity. UGG is launching limited-edition T-shirts featuring their designs, with sales supporting the Equal Justice Initiative.
HOKA ONE ONE®, part of Deckers Brands (NYSE: DECK), has signed a new four-year sponsorship agreement with the Northern Arizona (NAZ) Elite running team, effective January 1, 2021. This deal aims to enhance athlete support and club infrastructure, including health insurance for athletes, which is rare in distance running partnerships. The collaboration, ongoing since 2015, has already yielded notable successes, including Aliphine Tuliamuk's victory in the 2020 Olympic Marathon Trials. The agreement spans two Olympic cycles, reinforcing HOKA's commitment to fostering talent in competitive distance running.
Goleta, Calif., Sept. 1, 2020 /PRNewswire/ -- Sanuk, a division of Deckers Brands (NYSE: DECK), launched an exclusive capsule collection with KASSIA+SURF, featuring eco-friendly sandals and sneakers. Available from September 1, the collection combines sustainable materials like hemp and recycled plastics with vibrant designs. Offered at $45, the collection includes two popular styles, the Pair O Dice and Yoga Sling 3, catering to environmentally-conscious consumers. Both brands emphasize sustainability and aim to inspire mindful consumer choices.
Deckers Brands (NYSE: DECK) reported a 2.3% increase in net sales for Q1 FY2021, reaching $283.2 million, with a gross margin of 50.3%. The firm saw significant growth in HOKA ONE ONE® brand, up 37.1% to $109.0 million. However, UGG® and Teva® brands experienced declines of 10.0% and 7.9%, respectively. DTC net sales surged 74.2% while wholesale declined by 27.1%. Despite a liquidity position exceeding $1.1 billion, the company refrained from providing full-year guidance due to COVID-19 uncertainties.