Name: Deckers Outdoor Corp. (NYSE:DECK) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Revenues as Reported

Revenues as Reported

Deckers Outdoor Corp., income statement, revenues

US$ in thousands

12 months ended:	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018
UGG brand wholesale	1,004,356)	1,088,082)	871,799)	892,990)	888,347)	841,893)
HOKA brand wholesale	925,877)	628,674)	405,243)	277,097)	185,057)	132,688)
Teva brand wholesale	149,111)	129,094)	105,928)	119,108)	119,390)	117,478)
Sanuk brand wholesale	27,678)	30,316)	26,566)	39,463)	69,791)	78,283)
Other brands wholesale	53,653)	60,573)	69,375)	67,175)	42,818)	17,273)
Direct-to-Consumer	1,466,611)	1,213,600)	1,066,730)	736,856)	715,034)	715,724)
Net sales	3,627,286)	3,150,339)	2,545,641)	2,132,689)	2,020,437)	1,903,339)

Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31).

The annual revenue data reflects distinct trends across different brand segments and sales channels over the six-year period ending March 31, 2023.

UGG brand wholesale: This segment demonstrates moderate fluctuation with values starting at 841,893 thousand USD in 2018, peaking slightly in 2020 at 892,990 thousand USD, then declining in 2021 to 871,799 thousand USD. A significant increase occurred in 2022, reaching 1,088,082 thousand USD, followed by a slight decrease in 2023 to 1,004,356 thousand USD. Overall, the trend indicates growth with some volatility.
HOKA brand wholesale: This segment shows substantial growth over the period, beginning at 132,688 thousand USD in 2018 and rising steadily each year to 925,877 thousand USD by 2023. The growth is especially pronounced from 2020 onwards, indicating strong market expansion or successful business initiatives in this brand.
Teva brand wholesale: Revenue from this brand remained relatively stable from 2018 through 2020, fluctuating slightly around 117,000 to 119,000 thousand USD. A decrease was observed in 2021 to 105,928 thousand USD, followed by a recovery to 129,094 thousand USD in 2022 and an increase to 149,111 thousand USD in 2023. The data suggests a recent positive turnaround after a period of stagnation or mild decline.
Sanuk brand wholesale: There is a clear downward trend in this segment. Starting at 78,283 thousand USD in 2018, revenues decreased consistently to 39,463 thousand USD in 2020, further declining to 26,566 thousand USD in 2021. Slight fluctuations are noted afterward with 30,316 thousand USD in 2022 and a decline to 27,678 thousand USD in 2023, suggesting ongoing challenges or diminished market presence.
Other brands wholesale: This category shows an increase from 17,273 thousand USD in 2018 to a peak of 69,375 thousand USD in 2021, followed by a decrease to 60,573 thousand USD in 2022 and 53,653 thousand USD in 2023. The trend indicates initial growth with subsequent contraction in recent years.
Direct-to-Consumer sales: This channel exhibits consistent growth with minor fluctuations. Starting at 715,724 thousand USD in 2018, it remains stable in 2019 and 2020, followed by a strong increase beginning in 2021 reaching 1,466,611 thousand USD in 2023. This signals a successful expansion in direct sales efforts contributing significantly to overall revenue growth.
Net sales: The aggregate net sales show a clear upward trajectory from 1,903,339 thousand USD in 2018 to 3,627,286 thousand USD in 2023. The compound growth underscores the overall positive performance of the company across brands and channels, with particularly strong growth in the last three years correlated with surges in HOKA brand wholesale and direct-to-consumer sales.

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