Revenue Growth at Deckers in Q3 Driven by High Hoka Demand
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Hoka sales rose by 19% in the quarter, driving overall revenue up by 7.1%. Deckers Outdoor reported higher revenues in its latest quarter, fueled by the strong growth of its running shoe brand Hoka. Demand for Hoka has increased both in the U.S. and internationally, as CEO Stefano Caroti noted in an analyst conference. Growth Drivers: Customer Loyalty and Lifestyle Trend The company expects this momentum to continue, partly thanks to Hoka's recently revamped loyalty program. This offers exclusive and early product access as well as special...
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