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

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Apparel/Garments | On 18th Nov 2017

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Sri Lanka’s apparel exports from January to September 2017 has...

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Apparel/Garments | On 18th Nov 2017

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Bangladesh Prime Minister Sheikh Hasina has said two more leather...

ASEAN, Hong Kong sign free trade agreement

Textiles | On 18th Nov 2017

ASEAN, Hong Kong sign free trade agreement

The Association of Southeast Asian Nations (ASEAN) and Hong Kong...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

November 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


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