Deckers shares flat despite earnings and revenue growth
Goleta-based Deckers Brands’ second quarter 2022 soundly beat analysts’ expectations in both revenue and earnings, but the company did not raise its guidances for the full fiscal year, giving investors some caution moving forward. Deckers, which owns Ugg, Hoka One One and other footwear brands, generated net income of $101 million for the quarter, or Read More →
Deckers shares up as strong showing by Hoka drives revenue growth in Q1
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Deckers names new president for group that includes Ugg
Goleta-based Deckers Brands has hired a former Nike executive to take over the business unit that includes Ugg, its top footwear brand. Anne Spangenberg will take over on July 11 as president of Fashion Lifestyle brands at Deckers. Fashion Lifestyle includes both Ugg and Koolaburra, a line of boots and shoes similar to Ugg but Read More →
Region’s stocks slip amid market-wide slide
After years of charging forward, U.S. stocks have gone into hibernation, at least according to the common definition of a bear market: a market-wide decline of 20% or more from a recent peak. Most major indices are down at least that much from their highs earlier this year, with the biggest losses coming June 13. Read More →
Deckers shares leap 13% after report of record revenue and earnings beat
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Health care innovators take center stage in 2022 South Coast Business & Technology Awards
Industries all over the world were debilitated by the COVID-19 pandemic in 2020, but perhaps none more than health care. For years, yearly checkups were the norm for millions of people, but with overfilled hospitals and risk of infection suddenly a huge concern, people began skipping visits to doctor’s offices and hospitals. In the years Read More →
Hoka, Ugg drive Deckers to record-high revenue
Goleta-based Deckers Brands saw revenue increase more than 10% in the third quarter of its 2021-22 fiscal year, beating analysts’ expectations in both revenue and net income with its Feb. 3 earnings release. Deckers’ revenue hit $1.18 billion for the quarter ended Dec. 31, its largest figure ever for a single quarter, CEO David Powers Read More →
