Ugg and Hoka owner Deckers Outdoor names insider as chief executive as Dave Powers retires after strong quarter
DECKDeckers(DECK) Market Watch·2024-02-02 20:41

Deckers Outdoor Corp. said success of its Ugg boots and Hoka running shoes drove it to its strongest profit and revenue quarter in its history, as long-time Chief Executive Dave Powers announced his retirement during a time of strength for the retailer. Deckers Outdoor also boosted its 2024 outlook after its third-quarter adjusted earnings of 15.11asharesoundlybeattheFactSetconsensusestimateof15.11 a share soundly beat the FactSet consensus estimate of 11.49 a share. Third-quarter revenue rose 16% to a revenue of $1.56 billion, well above the analyst esti ...