Home / Knowledge / News / Fashion / UGG Brand performs better than expected
UGG Brand performs better than expected
01
Mar '08
Deckers Outdoor Corporation announced financial results for the fourth quarter and fiscal year ended December 31, 2007.

Fourth Quarter Highlights:
• Net sales increased 56.2% to $194.2 million versus $124.4 million last year.
• Diluted EPS increased to $2.69 versus $0.95 on a GAAP basis. On a non-GAAP basis excluding the restatement adjustments of $0.3 million, or $0.02 per diluted share, and the impairment charge of $11.0 million, or $0.85 per diluted share, both incurred in the fourth quarter of fiscal 2006, fourth quarter 2007 diluted EPS increased 47.8% over last year.
• UGG Brand sales increased 61.8% to $177.7 million compared to $109.9 million a year ago.
• Total domestic sales increased 54.9% to $177.7 million compared to $114.7 million in the prior year.
• Total international sales increased 71.1% to $16.5 million compared to $9.7 million last year.


Fiscal 2007 Highlights:
• Net sales increased 47.5% to $448.9 million versus $304.4 million in 2006.
• Diluted EPS increased to $5.06 versus $2.38 in 2006 on a GAAP basis. On a non-GAAP basis excluding the restatement adjustments of $0.9 million, or $0.07 per diluted share, and the impairment charge of $11.0 million, or $0.85 per diluted share, both incurred in fiscal 2006, fiscal 2007 diluted EPS increased 53.3% over fiscal 2006.
• UGG Brand sales increased 64.4% to $347.6 million compared to $211.5 million in fiscal 2006.
• Total domestic sales increased45.3% to $386.6 million versus $266.1 million a year ago.


Must ReadView All

US commerce department finds dumping of low melt PSF

Textiles | On 20th Jun 2018

US commerce department finds dumping of low melt PSF

The US department of commerce (USDC) has announced affirmative final...

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Harmeet Singh

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search