Leading Outdoor Corporation Deckers Outdoor Corporation announced financial results for the third quarter and nine months ended September 30, 2005.
-- Third Quarter Sales Increase 24 percent to a Record Third Quarter of $69.2 million
-- Third Quarter Earnings per Diluted Share Increase 37 percent to a Record Third Quarter $0.63
-- Company Revises Fourth Quarter and Fiscal 2005 Guidance
-- Company Introduces Fiscal 2006 Guidance
For the third quarter, net sales increased 24.0 percent to $69.2 million compared to $55.8 million in the same period last year. Net earnings for the quarter increased 40.0 percent to $8.2 million or $0.63 per diluted share, compared to net earnings of $5.8 million, or $0.46 per diluted share for the third quarter of last year.
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Deckers Outdoor Corporation builds niche products into global lifestyle brands by designing and marketing innovative, functional and fashion-oriented footwear, developed for both high performance outdoor activities and everyday casual lifestyle use. The Company's products are offered under the Teva, Simple and UGG brand names.
Deckers Outdoor Corporation
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