Footwear Company Deckers Quarterly Profit And Sales Summary Of The Two Quarter
Recently, footwear industry The company's Deckers Brands Inc. also announced the latest financial results. brand Earnings and sales performance varied, but the company's overall revenue showed a downward trend.
The group's net sales of US $485 million 900 thousand decreased slightly by 0.2% compared with us $486 million 900 thousand in the same period last year. market The expected US $495 million 800 thousand is only 0.3% higher than the constant exchange rate, and the group expected 1%-3% growth. During the period, the sales of UGG's brand sales, which accounted for nearly 85% of the group's business, dropped 2.1% to 412 million 200 thousand US dollars; Teva also fell 4.2% to 17 million 100 thousand US dollars, while Sanuk increased 9.2% to 18 million 900 thousand US dollars.
The group pointed out that after the exchange rate was cut off, the sales decline of UGG DTC fell to 1.6%, mainly because the European product delivery was postponed from the two quarter to the three quarter, resulting in a decline in wholesale and distribution sales. Meanwhile, sales of the global direct consumers (UGG) continued to decline. During the period, the group's total sales of DTC sales reached 3.2%.
By region, the domestic market increased by 3.6% to US $312 million 200 thousand, while international sales decreased by 6.3% to US $172 million 700 thousand, while the constant exchange rate decreased by 5.1%.
Net profit rose 8% to $39 million 305 thousand per annualized rate, which was 36 million 377 thousand US dollars in the same period last year, and the EPS EPS increased from 1.11 to 1.21 US dollars. The adjusted EPS after excluding items such as reorganization expenses was 1.23 US dollars, which is better than Zacks Investment Research's comprehensive forecast of 1.19 US dollars.
Deckers Brands Inc. expects the net sales in the three quarter of the holiday season to decrease by 2% compared to the same period last year, and EPS will decline from $4.78 in the same period last year to US $4.16-4.28. The annual performance expectations were down, with sales expected from 3-% to flat 2016 in fiscal year to -3% to -1.5%, and the EPS ceiling was also lowered to $4.25.
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