×
35 966
Fashion Jobs
PACSUN
Associate Manager, Brand And Public Relations
Permanent · Anaheim
TJX CORPORATE
IT Security Analyst Iii
Permanent · Marlborough
MACY'S
Beauty Account Coordinator - Trend: Herald Square/Nyc Division
Permanent · New York
DESIGNER BRANDS
Sales Supervisor Part-Time
Permanent · Maplewood
DESIGNER BRANDS
Sales Supervisor Part-Time
Permanent · Newport News
DESIGNER BRANDS
Inventory Control Clerk
Permanent · Westampton
RALPH LAUREN
Polo Factory Store - Store Selling Manager
Permanent · Las Vegas
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Mobile
JCREW
Associate Manager, j.Crew Factory, Bergen Town Center Womens
Permanent · Paramus
VICTORIA'S SECRET
Brand Operational Manager
Permanent · Queensbury
NORDSTROM INC
Corporate Strategy Manager
Permanent · Seattle
NORDSTROM INC
General Manager 3, San Bernardino Fulfillment Center – San Bernardino, ca
Permanent · San Bernardino
NORDSTROM INC
Loss Prevention Security Ambassador Fulton Street Rack
Permanent · New York
NORDSTROM
Loss Prevention Security Ambassador Southcenter
Permanent · Tukwila
NORDSTROM INC
sr Human Resources Director - Merchandising
Permanent · Seattle
NORDSTROM INC
Security Ambassador 1
Permanent · San Jose
JCPENNEY
Visual Display Art Director
Permanent · Plano
JCPENNEY
Senior Copywriter / Copy Manager - Marketing Creative
Permanent · Plano
NEIMAN MARCUS
Product Manager- Mobile
Permanent · Irving
MAC
Executive Director, Ecommerce – Mac North America
Permanent · New York
ESTÉE LAUDER COMPANIES
Keyholder - Cosmetic Company Store - 20Hrs - Tanger Outlet Center - Washington,PA
Permanent · Washington
SALLY BEAUTY CORPORATE
District Manager
Permanent · Atlanta
Published
Jul 26, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Deckers raises 2020 outlook on strong Q1

Published
Jul 26, 2019

Goleta, California-based footwear group Deckers Brands raised its 2020 outlook on Thursday, as first quarter net sales climbed 10.5 percent.

Deckers raises 2020 outlook on strong Q1. - Facebook: UGG


The company’s total net sales for the first quarter ended June 30, 2019, came to $276.8 million, compared to $250.6 million for the same period last year.

Sales at Ugg increased 1.5 percent to $138.5 million, compared to $136.5 million in the same period in the previous year, while the Hoka One One label saw its sales skyrocket a staggering 69.2 percent to $79.5 million.

Deckers’ Sanuk brand fared less well decreasing 23.5 percent to achieve sales of $18.7 million, as did Teva brand net sales, which for the first quarter decreased 4.3 percent to $38.3 million.

In terms of its distribution channels, revenues in the company’s wholesale division increased 10.7 percent to $196.6 million, compared to $177.6 million for the same period last year. Direct-to-consumer (DTC) sales rose 10 percent to $80.3 million, while DTC comparable sales increased 16.2 percent.

Deckers also had more success in its home market than abroad in the quarter, reporting an increase of 18.1 percent in U.S. sales, which totalled $167.3 million, while international sales increased a modest 0.6 percent to $109.5 million.

In profitability terms, Deckers came out with a quarterly loss of $0.67 per share, narrowing from the $1.00 per share loss last year.

"I am proud of the positive momentum that our portfolio of brands continues to build as we remain focused on the strategies that have proven successful in strengthening our operations over the past few years,” said Dave Powers, president and CEO, in a news statement.

“The Deckers team continues to drive excitement behind innovative product introductions and remains disciplined in delivering top-tier levels of profitability. With the first quarter now behind us, we are firmly committed to our strategies and remain confident in our abilities to deliver on them."

In light of its strong first quarter, Deckers has raised its guidance for the full fiscal year 2020. The company now expects net sales to be between $2.1 billion to $2.125 billion.

For the second quarter, net sales are expected to be in the range of $515 million to $525 million.

Copyright © 2020 FashionNetwork.com All rights reserved.