Deckers Outdoor Reports Strong Q3 Results with 17.1% Sales Growth, Raises Fiscal 2025 Outlook to $4.9 Billion Amidst Concerns of Potential Slowdown

published -

Tuesday

18 February, 2025

Deckers Outdoor Corporation has reported impressive Q3 results, achieving a 17.1% sales growth and raising its fiscal 2025 outlook to $4.9 billion. With strong contributions from the Ugg and Hoka brands, can Deckers maintain this momentum amidst potential market slowdowns?

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Key Takeaways

Deckers Outdoor shows significant financial growth with Q3 net sales reaching $1.83 billion, marking a 17.1% increase.
The Ugg brand generated $1.24 billion in sales, while Hoka experienced a notable 23.7% growth, highlighting brand strength.
The company raised its sales forecast to around $4.9 billion, indicating strong adaptability and growth potential.
With $2.24 billion in cash and no debt, Deckers has substantial operational flexibility for future expansion.
Its emphasis on direct-to-consumer strategies and international markets enhances its competitive edge against rivals like Crocs.