Deckers Reports Impressive Q2 FY2025 Results, Shares Soar
Deckers, the parent company of popular footwear brands HOKA, UGG, and Teva, has just released its fiscal Q2 2025 financial report and the numbers are looking good. With a 20.1% increase in sales, reaching $1.3 billion USD, the company is on a promising path.
Net Income Jumps to $242.3 Million USD
In addition to the impressive sales growth, Deckers also saw a significant increase in net income during the three-month period. The company reported a net income of $242.3 million USD, a substantial jump from $178.5 million USD in the same quarter last year.
HOKA and UGG Lead the Way
HOKA and UGG were the top performers for Deckers in the second quarter, with HOKA experiencing a 34.7% increase in revenue, reaching $570.9 million USD. UGG also saw a significant jump in net sales, increasing by 13% to reach $689.9 million USD.
CEO Stefano Caroti Praises Strong Consumer Demand
Deckers’ President and CEO, Stefano Caroti, attributes the company’s success to the strong consumer demand for their innovative and unique products. He also expressed his commitment to continue building on the company’s foundation for growth, with a focus on consumer-first mindset, brand-led philosophy, and innovation-forward products.
Increased Outlook for Fiscal Year 2025
Deckers has raised its forecast for the remainder of the fiscal 2025 calendar, expecting a 12% increase in sales, reaching approximately $4.8 billion USD. This is an increase from their previous estimate of 10% growth.
Read the Full Q2 FY2025 Report
For more details on Deckers’ impressive Q2 FY2025 results, check out the company’s full report. With a strong foundation and a consumer-driven focus, Deckers is well-positioned for continued success in the future.
