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Deckers beats expectations with rising sales, shrinking losses in second quarter

By   /  Friday, July 31st, 2020  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Deckers beats expectations with rising sales, shrinking losses in second quarter

Goleta-based Deckers Brands, the parent company of Ugg and Teva, saw its net sales increase in the second quarter as the footwear company continued to beat expectations and trim expenses. Sales increased 2.3 percent, to $283.2 million, compared to $276.8 million at the same point in 2019. The company still took a loss, but the Read More →

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Increase in sales at Deckers shrinks net loss for quarter

By   /  Thursday, July 26th, 2018  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Increase in sales at Deckers shrinks net loss for quarter

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Deckers wins battle over board

By   /  Friday, December 22nd, 2017  /  Latest news  /  Comments Off on Deckers wins battle over board

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Deckers counters activist investor in letter to shareholders

By   /  Friday, November 3rd, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers counters activist investor in letter to shareholders

Deckers Brands’ board of directors released a letter to shareholders, highlighting improvements to its costs, sales and stock performance and urging shareholders to vote for its nominees over those of activist investor Marcato Capital Management. In the Nov. 2 letter, the Goleta-based footwear and apparel company said it had made headway toward its $100 million Read More →

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Deckers halts sale hunt against investors’ wishes

By   /  Thursday, October 26th, 2017  /  Latest news  /  Comments Off on Deckers halts sale hunt against investors’ wishes

Footwear manufacturer Deckers Brands will launch a $400 million share buyback program as it wrapped up a strategic business review and simultaneously reported a 26 percent increase in its second quarter net income. In an earnings conference call on Oct. 26, the Goleta-based company said that it would no longer actively pursue a sale or Read More →

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Deckers Brands’ losses grow as footwear sales decline

By   /  Thursday, May 25th, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers Brands’ losses grow as footwear sales decline

Updated at 4:20 p.m. May 26: Deckers Brands shares jumped more than 18.8 percent to $67.21 on May 26 following an earnings announcement that beat analyst expectations and continued to climb in after-hours trading. Deckers reported a net loss of $15.76 million for its fourth quarter, bringing it to a net loss of $12.7 million Read More →

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Deckers Brands considering putting itself up for sale

By   /  Friday, April 28th, 2017  /  left, South Coast  /  Comments Off on Deckers Brands considering putting itself up for sale

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