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Deckers Fourth Quarter Earnings Exceeded Expectations Increased By 45.8%

2014/3/2 17:23:00 29

DeckersFourth QuarterProfit

< p > UGG parent company < a href= "//www.sjfzxm.com/news/index_c.asp" > Deckers < /a > OutdoorCorp. 27 days after the announcement of the fourth quarter of fiscal year 2013, after trading, it fell 20% after trading. In the earnings report, the Group expects a 2014 share loss in the first quarter of 2014 for the 28 new stores in the first quarter of the fiscal year, which is expected by the market. The earnings per share expected by Wall Street analysts are 0.10 US dollars, while quarterly income is expected to increase by 6% over the same period, but still far below the 12% increase forecast by analysts.

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< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201403/02/20140302052713_sj.JPG "/" < > > "


< p > as for the fourth quarter of 2013 fiscal year ending December 31, 2013, thanks to the cold weather in the United States, DeckersOutdoorCorp. (NASDAQ:DECK) net profit rose 43.7% to 140 million 900 thousand US dollars compared to the same period last year. < a href= "//www.sjfzxm.com/news/index_c.asp" > earnings per share < /a > A record $4.04, surpassing the 3.80 US dollars expected by analysts. Net profit and earnings per share in the 2012 fiscal year were 98 million 100 thousand US dollars and 2.77 US dollars respectively, and the total income was 736 million US dollars, an increase of 19% over the same period in 2012.

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< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > fourth quarter < /a > income increased 19.3% from US $617 million in the same period of 2012 to US $736 million, which is better than analysts' forecast of US $712 million.

Among them, UGG brand sales rose 18.1% to 691 million US dollars, Sanuk brand increased 45.2% to 22 million 200 thousand dollars, Teva brand increased 13.6% to 15 million 500 thousand US dollars.

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Less than P, direct sales to the consumer channel achieved a strong growth of 19%; domestic sales in the US amounted to $511 million, 14.3% higher than the same period in 2012, and international sales of $225 million, 32.1% higher than the same period in 2012.

Gross margins rose by 480 basis points to 51.1%, compared with 46.3% in 2012.

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< p > DeckersOutdoorCorp. (NASDAQ:DECK) chairman, President and CEO AngelMartinez pointed out in the earnings report that the fourth quarter full price products were strong in all distribution channels and markets, and the strength of UGG brand was fully displayed in the holiday season.

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In the fiscal year 2013, the group achieved a net profit of US $145 million 700 thousand, or earnings per share of US $4.18. Net profit and earnings per share in 2012 were US $129 million and US $3.45 respectively, and revenue increased 10.1% to US $1 billion 550 million over the same period last year.

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< p > AngelMartinez revealed that the group inventory had been cleared in the first quarter of fiscal year 2014, and the autumn orders were also very active.

The group predicts that this year's annual sales will record a high growth rate of 10%, which is better than analysts' forecast of 8.7%, but the growth rate of earnings per share is 8% less than that of analyst 12%.

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< p > DeckersOutdoorCorp. (NASDAQ:DECK) after the end of the paction narrowed to 13.78%, at 73 U.S. dollars, 27 days to close at 84.67 U.S. dollars, up 2.83%.

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