Revenues of Deckers Brands, a designer and distributer of innovative footwear and apparel, increased 15.0 per cent to $623.5 million during Q2 FY21 that ended on September 30, 2020, compared to the revenue of $542.2 million in the same period last year. The company’s net income during the quarter increased to $101.5 million as against $77.8 million in Q2 FY20. Its gross profit during the quarter rose to $318.9 million while its income from operations rose to $128.6 million.
Sales of UGG brand increased by 2.5 per cent to $415.1 million while those of Hoka One One brand increased by 83.2 per cent to $143.1 million. The sales of the Teva brand grew by 20.5 per cent to $27.7 million while that of Sanuk brand slipped by 11.4 per cent to $9.5 million. The company’s wholesale sales increased 1.8 per cent to $451.6 million whereas its DTC sales grew by 74.2 per cent to $171.9 million.