Deckers Q3 revenue up 10% to record $1.188B; HOKA surges 30%; raises FY22 EPS view to $14.50-$15.15

DECKERS OUTDOOR CORP

2022-Q3 EPS reported $13.73 revenue$2,414,332,000

Net sales $1.188B (+10.2% YoY); diluted EPS $8.42 vs $8.99 last year.
HOKA brand net sales $184.6M (+30.3%); UGG brand $945.9M (+7.9%).
FY22 revenue outlook raised to $3.03-3.06B; EPS outlook raised to $14.50-$15.15.
Gross margin 52.3% vs 57.0% due to supply chain costs and higher air freight.
Repurchased 354K shares for $130.7M; $544M remaining authorization.

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