Deckers2010 Sales Data For The First Two Quarters
Total revenue rose 16.2% in the first quarter.
In the first quarter of 2010, Deckers's total revenue was $155 million 900 thousand, up 16.2% compared to the same period last year, and it was 134 million 200 thousand US dollars in the same period of 09 years. Gross profit margin was 50%, up 610 basis points compared to the same period, and 43.9% in 09 years. Diluted earnings per share were $1.37, up 47.3% over the same period, and 0.93 US dollars in the same period 09 years ago.
Total revenue in the second quarter Rise 33.7%
In the second quarter of 2010, Deckers's total revenue was $137 million 100 thousand, up 33.7% from the same period last year, and 102 million 500 thousand US dollars in the same period in 09 years. Net income was $8 million 910 thousand, compared with $2 million 767 thousand in the same period in 09 years. The cost of sales was $76 million 316 thousand, compared with $61 million 763 thousand in the same period in 09 years. Gross profit was $60 million 743 thousand, compared with $40 million 785 thousand in the same period in 09 years. Diluted earnings per share were $0.23, compared with $0.07 in the same period in 09 years.
Angel Martinez, President, chairman and chief executive officer of Deckers, said: "our revenue was good in the second quarter, and sales, interest rates and revenues were higher than we expected. I am glad to see that UGG has gained a lot of international revenue. At the end of spring, we start shipping the autumn products to distributors. We believe that diversified products are very important for gaining international market share. In the second quarter, Teva was developing strongly, especially in domestic wholesale channels. Retail sales rose year after year. The income in the first half of 2010 is higher than our financial target, and we believe we will get a good income in the second half of the year.
Income status of brands:
In the second quarter, the total revenue of UGG brand was $100 million 200 thousand, up 34.6% from the same period last year, and 74 million 400 thousand US dollars in the same period of 09 years.
Teva brand income status:
Teva's total revenue was $31 million 200 thousand, up 38.4% compared to the same period last year, and 22 million 300 thousand US dollars in the same period of 09 years. The main reason for this increase was the rise in orders and the increase in sales of products in spring.
Other brands income status:
Deckers's other brands earn $5 million 600 thousand.
Income status of e-commerce:
Total e-commerce revenue was $5 million 200 thousand, compared with $5 million 300 thousand in the same period in 09 years.
Income status of retail outlets:
The total revenue of retail outlets was 10 million US dollars, up 63.1% from the same period last year, and 6 million 100 thousand US dollars in the same period of 09 years, mainly for the opening of 5 new stores.
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