Ugg and Hoka owner Deckers Outdoor names insider as chief executive as Dave Powers retires after strong quarter

Deckers Outdoor Corp. said success of its Ugg boots and Hoka running shoes drove it to its strongest profit and revenue quarter in its history, as long-time Chief Executive Dave Powers announced his retirement during a time of strength for the retailer.Deckers Outdoor also boosted its 2024 outlook after its third-quarter adjusted earnings of $15.11 a share soundly beat the FactSet consensus estimate of $11.49 a share.Third-quarter revenue rose 16% to a revenue of $1.56 billion, well above the analyst estima ...