Hoka Sales Rise
34 Percent ; Parent
Takes Self 'Off the Block'
After a six-month process
that involved reaching out to 90
potential acquirers, including
strategic and financial partners
in the U.S. and abroad, Deckers
Outdoors has abandons plans to
sell itself off. Instead, the parent
of Hoka One One, Uggs, Teva and
Sanuk will shift its focus to a long-
term business optimization plan.
Part of that effort includes a $400
million stock buyback plan funded
through domestic cash flow.
In the most recent quarter ended
September 30, Hoka One One was
the company's strongest performing
brand as sales rose 34.4 percent to
$40.6 million.
32 runninginsight.com © 2017 Formula4media LLC.
Running Shorts (continued)
"In the most
recent quarter,
Hoka One
One was
Deckers'
strongest
performing
brand."
Spring
2018
Hoka
One
One
Mach
