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Online Stock Market Trading DECK After Hours Trading Earnings Report
Date: 2/24/2011
DECK After Hours Trading. Deckers Outdoor Corporation (NASDAQGS:DECK - News) today announced record
financial
results for both the fourth quarter and fiscal year ended December 31, 2010.Fourth Quarter HighlightsNet sales increased 23.6% to $430.1 million compared to $348.0 million last year.Gross margin increased 440 basis points to 54.2% compared to 49.8% last year.Diluted EPS increased 30.5% to $2.27 compared to $1.74 last year.
The Company completed a three-for-one stock split, in the form of a stock dividend paid on July 2, 2010. All share and per share data in this release and accompanying tables have been adjusted to reflect the impact of such split for all periods presented.UGG® brand sales increased 23.8% to $412.8 million compared to $333.3 million last year.
Teva® brand sales increased 26.2% to $13.3 million compared to $10.5 million last year.International sales increased 34.6% to $53.0 million compared to $39.3 million last year.Retail sales increased 55.4% to $72.4 million compared to $46.6 million last year; same store sales rose 11.6%.eCommerce sales increased 29.8% to $59.5 million compared to $45.9 million last year.
Fiscal 2010 HighlightsNet sales increased 23.1% to $1.001 billion compared to $813.2 million last year.Gross margin increased 460 basis points to 50.2% compared to 45.6% last year.Diluted EPS increased 36.1% to $4.03 compared to $2.96 last year.
UGG® brand sales increased 22.7% to $873.1 million compared to $711.8 million last year.Teva® brand sales increased 30.5% to $101.3 million compared to $77.7 million last year.International sales increased 41.7% to $236.9 million compared to $167.2 million last year.Retail sales increased 59.1% to $125.6 million compared to $79.0 million last year; same store sales rose 16.6%.eCommerce sales increased 21.3% to $91.8 million compared to $75.7 million last year.Cash and cash equivalents and short-term investments increased 30.2% to $445.2 million as of December 31, 2010, compared to $342.0 million as of December 31, 2009.