Home / Knowledge / News / Apparel/Garments / Deckers Outdoor three months ended Mar 31 sales hike 11.7%
Deckers Outdoor three months ended Mar 31 sales hike 11.7%
25
Apr '14
Deckers Outdoor Corporation, a global leader in designing, marketing, and distributing innovative footwear, apparel and accessories, announced financial results for the three month transition period ended March 31, 2014. Please note the Company recently changed its fiscal year from December 31 to March 31, and, as a result, throughout these results, it refers to the three month period ended March 31, 2014 as the transition period.
 
Highlights: 
-Three Month Transition Period Net Sales Increased 11.7% to $294.7 Million led by the UGG Brand
-Direct-to-Consumer Comparable Sales Increased 16.9% Over the Same Period a Year Ago
-Company Reports Three Month Transition Period Diluted Loss Per Share of $(0.08)
-Company Announces Improved Financial Outlook
 
Three Month Transition Period 2014 Review
-Net sales increased 11.7% to $294.7 million compared to $263.8 million for the same period last year.
-Gross margin improved 210 basis points to 48.9% compared to 46.8% for the same period last year.
-Diluted loss per share was $(0.08) compared to an earnings per share of $0.03 for the same period last year.
-UGGâ brand sales increased 15.8% to $197.6 million compared to $170.6 million for the same period last year.
-Tevaâ brand sales decreased 9.2% to $46.8 million compared to $51.6 million for the same period last year.
-Sanukâ brand sales decreased 0.8% to $30.7 million compared to $30.9 million for the same period last year. 
-Direct-to-Consumer comparable sales, which include worldwide retail same store sales and worldwide comparable E-Commerce sales, increased 16.9% over the same period last year.
-Retail sales increased 26.1% to $80.1 million compared to $63.6 million for the same period last year; same store sales increased 4.0% for the thirteen weeks ended March 30, 2014 compared to the thirteen weeks ended March 31, 2013.  
-E-Commerce sales increased 45.0% to $38.6 million compared to $26.6 million for the same period last year.
-Domestic sales increased 8.5% to $198.3 million compared to $182.7 million for the same period last year.
-International sales increased 18.9% to $96.4 million compared to $81.1 million for the same period last year.
 
"The strength of our business early in the new calendar year underscores the power of our brand portfolio and the successful execution of our consumer centric growth strategy," commented Angel Martinez, President, Chief Executive Officer and Chair of the Board of Directors. "We believe that our diversified spring product offerings from the UGG, Teva, Sanuk and HOKA brands are resonating with a broader global audience.  
 
Click here to view full results.
 

Deckers Outdoor Corporation

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search