The company said net sales for the quarter ended June 30, 2025 increased 16.9% to $964.5 million from $825.3 million in the prior-year period, and increased 16.3% on a constant currency basis.

1. 01

   The company said net sales for the quarter ended June 30, 2025 increased 16.9% to $964.5 million from $825.3 million in the prior-year period, and increased 16.3% on a constant currency basis.

2. 02

   The company said HOKA brand net sales increased 19.8% to $653.1 million during the quarter, and UGG brand net sales increased 18.9% to $265.1 million. Other brands net sales decreased 19.0% to $46.3 million.

3. 03

   The company said gross margin for the quarter declined to 55.8% from 56.9% in the prior-year period, operating income increased to $165.3 million from $132.8 million, and diluted earnings per share rose to $0.93 from $0.75.

4. 04

   The company said it repurchased approximately 1.7 million shares for a total of $183.0 million during Q1, and as of July 10, 2025 had approximately $2.4 billion remaining under its stock repurchase authorization. It also provided guidance for Q2 net sales of $1.38 billion to $1.42 billion and diluted earnings per share of $1.50 to $1.55.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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