Hoka sees growth, but the rest of Deckers’ footwear sales struggle
Goleta-based Deckers Brands announced its earnings report for the first quarter after the markets closed on July 27 and behind the news that the majority of its footwear brands hit a snag, some investors have lowered their opinion on the stock. Deckers reported revenue worth $675.8 million, a 10% increase compared to $614.5 million in Read More →
Fin briefs: Olaplex adds new board members
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Deckers delivers solid earnings beat to close out fiscal year
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Olaplex’s struggles continue in fourth quarter
Sales and earnings fell yet again for Olaplex Holdings, a Montecito-based hair products seller, in the fourth quarter of 2022 leading to shares dropping nearly 10% during the trading day Feb. 28. Olaplex presented a net income of $33.6 million or 5 cents per diluted share for the quarter that ended Dec. 31, down from Read More →
Retailers Cautious as Season Opens
Retailers cautious as season opens By Madeleine Benn Staff Writer The outlook for regional retailers appears mixed this key holiday season. Industry observers, local merchants and shoppers interviewed voiced differing expectations about spending during a time of the year that remains crucial for many retailers, as November and December has traditionally been when consumers have Read More →
Parker Clay goes public
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