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Ugg parent Deckers sees 22% sales growth in Q1

Deckers, the parent company of Ugg, reported a 22.1% YoY increase in Q1 sales to $826 million, with a full-year sales forecast of $4.7 billion. Retail sales grew 24% to $300 million, and wholesale sales increased 21% to $500 million. US sales rose 23% to $500 million, while international sales grew 20.8% to $300 million. Ugg’s sales were up 14% to $200 million, Hoka surged 29.7% to $550 million, but Teva and Sanuk saw declines.

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