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US apparel company Deckers Brands had sales of $ 504 million from April to June 2010

Deckers Brands, a global designer of footwear, apparel and accessories based in the United States, saw sales increase 78.2% in the first quarter, ending June 30, 2021, to 504.7 million. It reports that it has reached the dollar. Corresponding period of the previous fiscal year. Net profit increased to $ 48.1 million (Q1 2009: loss of $ 7.9 million).

“Our brand portfolio got off to a strong start in fiscal year 2022, pushing Deckers into the most profitable first quarter to date.” Dave Powers, President and CEO of the Deckers brand, Said in a press release. “Hoka’s growing influence, UGG’s year-round appeal, and Teva’s continued strength drive progress beyond strategic priorities and provide a more balanced business. . “

Gross profit for the first quarter of 2009 was $ 260.5 million ($ 142.5 million), but operating profit surged to $ 61.8 million (loss: $ 7.7 million).

UGG brand sales were up 70.8% to $ 213 million ($ 124.7 million) and Hoka One One brand sales were up 95.5% to $ 213.1 million ($ 109 million). The company’s Teva brand was up 65.9% to $ 58.5 million ($ 35.2 million), while Sanuk’s first-quarter 2010 sales were up 13.7% to $ 15 million ($ 13.2 million). Other brands, which are primarily composed of Koolaburra sales, were up 435.9% to $ 5 million ($ 900,000).

Wholesale sales of Deckers Brands increased 140.2% to $ 344.3 million ($ 143.3 million) and DTC sales increased 14.7% to $ 160.4 million ($ 139.8 million).

“Macroeconomic headwinds persist throughout the supply chain, but we are confident in consumer demand for brands and the resilience of global omni-channel organizations, the basic long-term driving the success of Deckers. We are devoted to a strategic strategy. ”Powers concluded.

In the 2022 fiscal year outlook, the company said it expects sales to be between $ 3.01 billion and $ 3.06 billion.

Fiber2Fashion News Desk (JL)

Deckers Brands, a global designer of footwear, apparel and accessories based in the United States, saw sales increase 78.2% in the first quarter, ending June 30, 2021, to 504.7 million. It reports that it has reached the dollar. Corresponding period of the previous fiscal year. Net profit increased to $ 48.1 million (Q1 2009: loss of $ 7.9 million).



US apparel company Deckers Brands had sales of $ 504 million from April to June 2010

Source link US apparel company Deckers Brands had sales of $ 504 million from April to June 2010

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