Hoka Continues to Drive Deckers Brands in Q1

July 27, 2023

Deckers raised its full-year guidance on Thursday after reporting another quarter of gains driven by its Hoka brand.

Net sales in the first quarter of 2024 increased 10 percent to $675.8 million, compared to $614.5 million the same time last year. Deckers also saw a bump in its direct-to-consumer channel, reporting an increase of 35.3 percent to $250.4 million, compared to $185.1 million in Q1 2022. FN