Deckers Brands FY20: sales grow 5.6%; net income $276 mn

Deckers Makes, a US-based designer of impressive footwear and clothing, posted 5.6 for each cent sales progress to $two.13 billion in fiscal yr 2020 ended on March 31, 2020 when compared to sales of $two.02 billion in prior yr. Internet earnings for the yr grew to $276.fourteen million (FY19: $264.30 million). Gross income amplified to $1.ten billion ($1.04 billion).

 

“Fiscal yr 2020 performance was pushed by the toughness of our brand name portfolio, fuelled by qualified investments in our key initiatives, coupled with disciplined financial management,” Dave Powers, president and chief government officer, stated in a push launch.

 

Product sales for UGG brand name in the course of the yr lowered .8 for each cent to  $1.521 billion. Product sales of Hoka A single A single brand name amplified fifty eight for each cent to $352.6 million. Product sales of Teva brand name grew .four for each cent to $138

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