Home / Knowledge / News / Apparel/Garments / Decker Brands sales climb 19.5% in Q1FY19

Decker Brands sales climb 19.5% in Q1FY19

Jul '18
Courtesy: Deckers
Courtesy: Deckers
The net sales of Deckers Brands in the first quarter of fiscal 2019 has increased 19.5 per cent to $250.6 million compared to $209.7 million for the same period last year. On a constant currency basis, net sales increased 17.6 per cent. For the reported period, the gross margin was 45.9 per cent compared to 43.2 per cent for the same period last year.

The company's SG&A expenses were $154.4 million for the first quarter compared to $146.9 million for the same period last year. Non-GAAP SG&A expenses were $153.9 million this year compared to $144.9 million last year.

During the first quarter, the company repurchased approximately 86,000 shares of its common stock for a total of $10 million.  As of June 30, 2018, the Company had $241 million remaining under its $400 million in stock repurchase authorsations

"Fiscal 2019 is off to a solid start, with our first quarter revenue achieving a record high of $251 million, and continuing the momentum we have built," said Dave Powers, president and chief executive officer. "The UGG Spring Summer and HOKA ONE ONE product offerings drove significant year-over-year sales growth, while Teva also produced solid gains. This quarter's results are a testament that we are successfully progressing towards our long-term objectives and that our brands are well positioned in the marketplace."

In the second quarter, the net sales are expected to be in the range of $485.0 million to $495.0 million and Non-Gaap diluted earnings per share are expected to be in the range of $1.60 to $1.70.

For fiscal 2019, the net sales are likely to be in the range of $1.930 billion to $1.955 billion, with gross margin slightly better than 49 per cent, SG&A expenses as a percentage of sales are projected to be slightly better than 36.5 per cent and operating margin in the range of 12.6 per cent to 12.8 per cent. (RR)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: ASEAN

Apparel/Garments | On 16th Nov 2018

ASEAN RCEP pushed back to 2019 due to lack of consensus

The Association of Southeast Asian Nations (ASEAN) postponed...

Cotton sector to receive boost in Azerbaijan's Ujar region

Textiles | On 16th Nov 2018

Cotton sector to receive boost in Azerbaijan's Ujar region

Factories for cotton processing, production of cottonseed oil and...

Uzbekistan wants zero EU customs duty on textile products

Textiles | On 16th Nov 2018

Uzbekistan wants zero EU customs duty on textile products

Uzbekistan plans to seek zero customs duty from the European Union...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Anshul Sood, Oceedee

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Top executives, Retailers

Top executives

Weak rupee breeds inflation



<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Marcello Galvanin,

Marcello Galvanin

Galvanin has more than 50 years of experience in the production of textile ...

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Eric Scholler, Groz-Beckert

Eric Scholler

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

Varsha Wadhwa, VW

Varsha Wadhwa

Coming from a family that ran a business of jute and linen mills since...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

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

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

November 2018

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

news category

Related Categories:

Advanced Search