HOKA and UGG Owner Deckers Brands Report Sales Rising by 22% in Q1

Deckers Brands reported a 22.1% increase in net sales during its first quarter, surpassing analysts' expectations. The HOKA and UGG owner's sales were up to $825.3 million USD, compared to $675.8 million USD last year.The company can credit the boost to running brand HOKA, whose sales rose 29.7% year-to-year, jumping from $420.5 million USD to $545.2 million USD. UGG also experienced its own boost of 14%. Compared to $195.5 million USD last year, the shoewear maker clocked sales of $223.0 millio...