World Footwear

Companies

Deckers with record revenue

Nov 10, 2015 United States
Deckers with record revenue
The US-based company announced net sales increase of 5.4% to 506.2 million US dollars on a constant currency basis. On a reported basis, net sales increased 1.4% to a record 486.9 million US dollars
"We delivered record second quarter revenue and continue to track towards achieving our financial objectives for the fiscal year," commented Angel Martinez, Chief Executive Officer and Chair of the Board of Directors, adding: "I'm very pleased with our current performance which wouldn't have been possible without the strategic investments we've made in key areas of the business over the past several years."

UGG brand net sales for the second quarter increased by 0.9%, totaling 421.1 million US dollars compared to 417.1 million US dollars for similar period last year. On a constant currency basis, sales increased approximately by 5.3%. Growth in sales was primarily driven by an increase in domestic wholesale sales, partially offset by a decrease in global Direct-to-Consumer sales mainly as a result of a decrease in tourist traffic in the US as a consequence of the strengthening dollar.

Net sales for the Teva brand decreased by 13.6% in the second quarter reaching 17.9 million US dollars in current currency, while on a constant currency basis, sales decreased approximately by 11.8%. The decrease in sales was driven by a decrease in global wholesale and distributor sales.

Sanuk brand net sales for the second quarter decreased by 9.0% totaling 17.3 million US dollars. The decrease in sales was driven by a decrease in global wholesale sales, partially offset by an increase in global Direct-to-Consumer sales.

Combined net sales of the company's other brands increased by 30.5% to 30.6 million US dollars. The increase was primarily attributable to a 6.9 million US dollars increase in sales for the HOKA ONE ONE brand compared to the same period in 2014.



In the second quarter, domestic sales grew by 4.3% reaching 301.6 million US dollars (289.1 million US dollars last year), while international sales decreased by 3.1% totaling 185.3 million US dollars (compares to 191.2 million US dollars in similar period last year. On a constant currency basis, sales increased by 7.1%.

Wholesale and distributor sales for the second quarter increased by 1.2%, reaching 400.3 million US dollars compared to 395.5 million US dollars for the same period last year. On a constant currency basis, sales increased approximately by 4.9%.  The increase in sales was driven by an increase in domestic wholesale sales, partially offset by a decrease in international wholesale and distributor sales.

Direct-to-Consumer sales for the second quarter increased 2.1% to 86.6 million US dollars compared to 84.8 million US dollars for the same period last year. On a constant currency basis, sales increased by 7.5%. This increase was primarily driven by Direct-to-Consumer growth in the Hoka, Sanuk, and Teva brands. Direct-to-Consumer comparable sales were down 5.2% over the same period last year, primarily driven by a decrease in tourist traffic in the US as a result of the strengthening dollar.

Related Events

  • Oct
    15
    Oct 15-Oct 18, 2024 | Atlanta, United States

    Atlanta Apparel

  • Nov
    3
    Nov 3-Nov 4, 2024 | Michigan, United States

    Metro-Michigan Women's Wear Market

  • Nov
    6
    Nov 6-Nov 8, 2024 | Salt Lake City, Utah, United States

    Outdoor Retailer

  • Nov
    19
    Nov 19-Nov 21, 2024 | Austin, United States

    The Running Event (TRE)

Related Organizations

  • TUSPM Shoe Museum

    TUSPM Shoe Museum

    United States
  • Brooklyn Shoe Space

    Brooklyn Shoe Space

    United States
  • NSRA - National Shoe Retailers Association

    NSRA - National Shoe Retailers Association

    United States
  • ALCA - American Leather Chemists Association

    ALCA - American Leather Chemists Association

    United States