Deckers Outdoor Corporation
Deckers Outdoor Corporation Announces Board Approval of Six-for-One Forward Stock Split
Summary
On July 9, 2024, Deckers Outdoor Corporation's board approved a six-for-one forward stock split and a proportionate increase in authorized shares, subject to stockholder approval and the filing of a charter amendment with the Secretary of State of Delaware. If approved, the split will be implemented promptly following the 2024 annual meeting on September 9, 2024, with trading expected to begin on a post-split adjusted basis on September 17, 2024.
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About Deckers Outdoor Corporation
Deckers Outdoor Corporation is renowned for designing, marketing, and distributing footwear, apparel, and accessories under a portfolio of niche brands. The company's primary focus is on leveraging its innovative product design to cater to diverse consumer lifestyles and functional needs. Notably, its brand UGG is globally recognized for its distinctive boots, shoes, and slippers made from sheepskin and wool, appealing to fashion-conscious and comfort-seeking customers alike. Deckers also owns other prominent brands such as HOKA ONE ONE, Teva, and Sanuk, each serving different market segments from outdoor enthusiasts to urban adventurers. Deckers Outdoor Corporation's strategic emphasis on building brand loyalty and expanding its direct-to-consumer channels has significantly heightened its market profile. By taking advantage of e-commerce platforms and international markets, Deckers continues to amplify its global reach. Headquartered in Goleta, California, the corporation plays a pivotal role in the apparel and accessories industry, consistently pushing forward the boundaries of innovation and sustainability while addressing both casual and performance-based consumer needs across various geographies.
Official SEC Documents
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