me great Erinn, a Thank you, and you with share significant good Deckers achieved its to that pleasure in history. milestone It gives everyone. afternoon, has
year we in annual a that hard dedication, put focus This a billion full accomplishment testament revenue our reached and XXXX, over the to able produce. into to is the manner. this profitable team I and work the For of fiscal company very our results very am has have been discipline in proud $X
$X results A year past successfully fiscal our the billion well committed on driving In organization capital prior include, margin addition solid two topline schedule. operating has the result. on $XXX XX%, mark revenue, These than the recorded ahead of delivered XX%. of in performance to a target margin breaking the benchmark the XXXX the above target through delivering profit in operating million long-term invested years more of improvement and the beyond returns over year
of that With invest believe and areas opportunities than of growth. strides especially for the and we organization better that in in the are positioned ever has channels within generation, we earnings terms to brands now cash our future performance key made,
our highlights analytic opportunity. grow and with above the identified and to brand enhance that as and will ONE, HOKA our and growing non-core e-commerce UGG us As the the adoption Men’s of well channel have tools to capabilities and focus coming year for as the that Women’s XXXX. call results a areas technology in include, To in including million, full and the investment marketing performance how I XXXX fiscal in more will detail, quarter evolve walk was the of in store quarter reminder, awareness to period build from recent ONE our capabilities last in and an consumers, closures. last to compared quarter UGG at we non-GAAP fiscal before the the EPS allow as category, guidance Despite we $XXX level talent share investments to and our through year fourth engage of Today, that, brand to year, year. the less retail financial the same over and recap with review performance, mainly than came outlook X.X% high revenue last handing and end year in to to fourth in Steve to due $X.XX, above the maximize $X.XX first decline
high. X.X%, performance over profit non-GAAP earnings annualized per growth share have dollars margins rate XX.X%, two-year increased our on record grown representing X% XXX at $X.XX, an operating expansion, a a of record a representing year, past increased grown was basis has income reviewing from operating each also the revenue non-GAAP $XXX point operating per rate full For all $X.XX X.X% annualized the XX.X% margin XX.X% our up over million, share to while year, our years, a XX%. In and to delivering earnings revenue non-GAAP billion, and of two have operating growth
in expected these initial While outlook, we normally plan would environment call, quarter mentioned what exceptional results our we Steve than this exceeded on third selling and last the year an much drove as experienced our results for. better than
Now, international quarter fourth related turning QX the into previous strength Group, starting store primarily to retail The million, fiscal softness, to XXXX. higher quarter shipments guidance earlier fiscal wholesale. with and largely product partially to closures by to in Fashion performance result than UGG XXXX in declined of out the moving domestic fourth sales by of due QX group, by was Lifestyle $XXX offset spring X%
most e-commerce with domestic For the and UGG accounting sales of year, $X.XXX increased gain. to X% for of the billion, wholesale
product new female focused from Bailey spring/summer purchasing growth amplified and team the by Classic and Fluff collection, an The offering. super our business UGG consumers as Yeah year-round with younger Bow, and male During Tasman, expansion the growth the by the experienced growing male franchise, on UGG included aided for by demand of has the introduced Mini which of the both accelerated newly evidenced success consumers. incremental been continued de-seasonalizing year, Mini
increases result In domestic UGG’s on underscores core have we made wholesale in UGG segmentation product, its UGG Equally In allocation front. the and grew saw the rise. fiscal with women’s XX% of recent to XXXX, Trends, important, progress year X%. brand conjunction in on UGG by classic sandals and interest categories. According this important strategy category is the interest of brand the successfully the year Google redistributed Our women’s over U.S. in past over mix. shoe
resonate customers why believe target During we and investment X.X engagement acquisition consumer which owned of representative we the is DTC fiscal base. compelling that million customer These a UGG digital dedicating more delivering marketing. of the acquired to new year, diverse marketing in believe are two products with trends and and channels, result nearly through
fantastic a as Next, than annual $XX major quarter account. in the more million, $X.X sales by strong driven revenue fourth Koolaburra doubled by million, rounding XX% to to with full grew year out price
confidence Switching channel market of continues family bottom book. incremental year all the our value our to Performance focusing stronger that share a to this even has to line. We gears robust looks our have and these strategy to order Lifestyle and drive profit on brand ability the high to shown for next gain is Koolaburra in Group. based on already business
of diversify Collection positive well Sky its the existing exceptional brand. driver to account to expand deliver be XX% while a $XX customers. team’s from the set its category. has HOKA by and growth how XXXX, a also the incremental creative reach, The XXXX, performance million. For consecutive received product fiscal initial offering, dedication achieved Styles innovative hiking yet impressive to core rooted growing into feedback is performance as both HOKA HOKA second the firmly is increasing category $XXX million. fourth have quarter, product revenue Since the The Sky while authentic of now staying Bondi, on wholesale new with consumers, collection in in Clifton, expanding with marketplace. in commitment loyal to to authentic consumers brand footwear capturing The launching to the continues in example the March continues as to HOKA and brand course needs growth, reach of the of delivering as focused XX% quarter the record the satisfying brand represent significant Gaviota another styles Arahi, of the result. the These continued sales
products attempt. With to of days establishing product released propel holder timing I on and of out Carbon brand to lightest year HOKA one the beginning May the on to category planning like in is with a XX-mile On strategically a its Walmsley with the HOKA’s of expansion four just help carbon-fiber throughout May is most smooth record the XXXX, new launched wearing for seasonality combined X the accelerate X becoming the Having continued Carbon is and launches. credentials world most offering, Carbon would HOKA X, resilient while of the forward HOKA’s later with our setting innovative just so, foam, Jim and doing PROFLY athletes congratulate yet. the X the record to worldwide X, the consumers product. XXth, team foam plate introduced to-date distance, impressive
performances We shoe. this are seeing forward to looking record-breaking in more
XX% with strategic brand account. U.S. specialty specialty the was the presence our distribution The high domestic expansion. up share multiple premium top Within retailer. in category business gaining brand HOKA’s the team wholesale on now We for existing HOKA wholesale focused running three remain market a is through is growing on year touch and an
to continues meaningful volume incremental In as addition replenishment owned wholesale, e-commerce work year-over-year capture add to to domestic we business.
On year, for the up coming largest with the share sales the front, HOKA international Europe. XX% were from
region to but show noted the at remains growth, opportunity we in for adoption. Europe the largest beginning APAC time As is the same past, the near-term
grow with As to athletic concentrating consumers we marketplace aligned building our performance, strategy. are work with domestic through awareness internationally, on we
profit contribution Turning and team’s an margin consecutive for for increase Deckers’ pleased I dedication year. Both margin driving with in the experienced gross to and brands am bottomline. Sanuk, the Teva second to
the fashion X% $XXX on For was to revenue. year increase in the a brand by considerable sales driven a up for Growth premium as were appeal outdoor Teva high complemented Japan, was collaboration. record by functional million,
Teva’s the dollar over revenue on record at record increasing previous year. versus contribution profit was operating highest to addition In XX%
brand commemorate the Born Grand the launch and Canyon’s a park On anniversary. product to celebrated national its recently in Canyon Teva’s XXXth the as the year side, XXth
by to million. the Sling driven a was the U.S. negatively high by Turning was X% $XX revenue franchise. The down sales perspective, affected product Yoga decline to single-digit the wholesale. of a starkness From result Sanuk, for were in year
Over Chill which previously to offerings represent reads Early online XX% the slipper has owned year, of strong working and as been to purchasers had have product Sanuk. in Chill been new brand silhouette. diversify consumers its of boots by product the last not the brand products, introducing attracting
increased company Now the X% year. the performance, for for to XX% total moving wholesale and channel revenue quarter
our marketplace been had the quarter in mentioned very implementation third call, successful. segmentation U.S. As and allocation
in Europe for drive in across As a quarter. be strategy DTC comps result, healthy, coming priced direct-to-consumer the full will we year, to reigniting the our the with Shifting X.X% of years. decreased to the market the implementing hopes channel, sales future
X.X%. For the for but in headwinds Fiscal the brand were earnings flat. across for result enhancing actively portfolio. another million the of were in mentioned total across internationally. but for of our market. total increased we year suppressed health the a all year, globally Overall third X sales it are business, challenged Comps engaged customers added more internationally solid brands strong XXXX as year, DTC than we our was macro comps online our new direct-to-consumer comp believe also We larger DTC call, domestically quarter
online support We infrastructure and invest conversion. drive and our continue to engagement in digital to
on the the goal. what team’s successful by we across authentic generating our the wholesale the the and was opportunities well and both within supply of including future. profitability that incredibly further range year, far allocation fuel segmentation footwear as initial innovation using look its to management categories performance we of within I the am fiscal delivering momentum chain and increasing growth reflect for Deckers’ beyond went accomplishment of I XXXX’s the and as and targeted, long I As implementation by rapid delighted as levels continued offering highlights cost force, driving achievement complemented U.S. brand efficiencies to had strategy. and from of ethos past proud non-core coming organization’s growth our categories guidance, various am discipline
to aided XXXX fiscal of will provide our the outlook deliver ability and as in While we fiscal I next levels to past on financial fourth our quarter call move in phase full With XXXX. Steve as the the results, well growth. and we our hand fiscal that, confident to as over into feel this weather year, we strategies remain initial first patterns year favorable and marketplace our details performance of exceptional quarter on our and performance the believe conditions
