Deckers Outdoor Q3 net sales up 2.7 percent

REPORT_ For the third quarter ended September 30, 2013,

Deckers Outdoor net sales increased 2.7 percent compared to the same period last year. Gross margin improved 90 basis points to 43.2 percent compared to 42.3 percent for the same period last year. SG&A expenses as a percent of net sales were 31.1 percent compared to 26.5 percent for the same period last year. Retail sales increased 34.5 percent compared to the same period last year. Same store sales increased 1.9 percent. E commerce sales increased 12.2 percent. Domestic sales decreased 1.4 percent. International sales increased 10.3 percent.

“The fall selling season started well led by demand for our expanded collection of casual shoes and boots,” said Angel Martinez, President, Chief Executive Officer and Chair of the Board of Directors. “As we move further into the back half of the year, sell-through of our core classic and slipper collections is accelerating. We are pleased with our current business trends. We believe the investments we are making in our brands, distribution platforms and supply chain will strengthen our growth profile and enhance our profitability over the long-term.”

Deckers Outdoor is based in California. It deals in footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The company’s portfolio of brands includes UGG Australia, Teva, Sanuk, Tsubo, Ahnu, Mozo and Hoka One One.