Another minority shareholder of Deckers Brands has called for a sale of the company, charging that it has underperformed in the past three to five years. Mountain Capital Partners, which owns 3.3 percent of the equity, complained in particular about poor capital allocation decisions by Deckers' management, adding that there was no “alignment between executive compensation and shareholder value creation.” In early February, after the stock lost 20 percent of its value following the release of disappointing quarterly results, another investment firm that has about 6 percent of the shares, Marcato Capital Management, said it intended to engage in discussion with directors and officers of Deckers about strategic alternatives such as a sale of the whole company or some of its assets. Deckers' brands include Ugg, Sanuk, Teva and Hoka One One.