Revenues of US-based global designer of footwear, apparel and accessories Deckers Brands grew 78.2 per cent to $504.7 million in Q1 FY22. The company’s net income rose to $48.1 million during the quarter. Its gross profit increased to $260.5 million from $142.5 million, while income from operations declined by $7.7 million to $61.8 million.

Sales from the company’s UGG brand grew 70.8 per cent to $213.0 million from $124.7 million in the fourth quarter of last fiscal. Sales from Hoka One One brand also escalated by 95.5 per cent to $213.1 million while those from Teva brand expanded by 65.9 per cent to $58.5 million and Sanuk’s sales increased by 13.7 per cent to $15.0 million). Sales from other brands including Koolaburra boosted by 435.9 per cent to $5.0 million. Deckers Brands’ wholesale sales rose 140.2 per cent to $344.3 million and DTC sales increased by 14.7 per cent to $160.4 million.

In fiscal 2022, the company expects sales to be between $3.010 billion to $3.060 billion.