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Deckers
Outdoor Corporation
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Nasdaq:DECK
Deckers Outdoor Corporation
builds niche products into global lifestyle brands by designing and marketing
functional and fashion-oriented footwear, developed for both outdoor activities
and everyday casual lifestyle use.
Deckers Outdoor Corporation
Reports Record Third Quarter Financial Results
Company Reports Third Quarter
Sales Increased 57.2% to $129.4 Million
Third Quarter Diluted Earnings
Per Share Increased 81.5% to $1.47
Company Increases Fiscal
2007 Guidance Growth Targets
GOLETA, Calif.--(BUSINESS
WIRE)--Oct. 25, 2007--Deckers Outdoor Corporation (NASDAQ: DECK) today
announced financial results for the third quarter ended September 30, 2007.
Third Quarter Highlights
* Net
sales increased 57.2% to $129.4 million compared to $82.3 million last
year.
* Diluted
EPS increased 81.5% to $1.47 from $0.81, as restated, and ahead of previous
guidance of approximately $1.20
* UGG(R)
Brand sales increased 67.5% to $113.7 million compared to $67.9 million
a year ago.
* Total
international sales increased 58.0% to $14.2 million compared to $9.0 million
last year. |
