Deckers Bets Big on Wholesale: Will HOKA and UGG Sustain the Pace?

Key Takeaways DECK's wholesale revenues rose 12.3% in Q4, hitting $611.6M and driving overall revenue growth. HOKA's global retail growth and UGG's seasonal demand helped boost fiscal 2025 wholesale sales. DECK is targeting a 50-50 split between wholesale and DTC, with wholesale set to outpace in fiscal 2026.Deckers Outdoor Corporation’s (DECK) wholesale business was a key driver of revenue growth in the fourth quarter of fiscal 2025, with both HOKA and UGG delivering strong performances. Wholesale revenu ...