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UGG Parent Company Made A Net Loss Of $58 Million 918 Thousand In The First Quarter.

2016/8/1 10:34:00 39

UGGMarketBusiness

 UGG

   UGG Deckers Outdoor Corp., the parent company, released its first quarter on Thursday, ending a net loss of $58 million 918 thousand in the first quarter of June 30, 2016, which was $-1.84 per share, while the net loss in the 2015 fiscal year was 47 million 327 thousand US dollars, plus the earnings per share of US $-1.43. After adjustment, the group EPS -1.80 was -1.80 dollars in the first quarter, surpassing Zacks's expected US $.

In the first quarter, Deckers Outdoor Corp. revenues plummeted 18.4% to $174 million 400 thousand, compared with $2.138 billion in the same period last year, even though sales plummeted over Zacks's expected $168 million 800 thousand.

 UGG

Press market In the first quarter, the Deckers Outdoor Corp. revenue in the US market dropped by 18.6% to 109 million 500 thousand US dollars, while the international market sales dropped to 18.2% US dollars to 64 million 900 thousand US dollars, while the fixed exchange rate dropped by 19.1%. According to the channel, the revenue of the direct selling department fell 3.6% to 58 million 300 thousand US dollars in the first quarter, and the same store sales fell by 7.3%. business It plummeted from 24.3% to 116 million 100 thousand dollars.

Sales fell while Deckers Outdoor Corp. gross margin increased by 320 basis points to 43.7%.

Deckers Outdoor Corp. maintains its full 4.05 US dollar -4.40 EPS forecast.

On Friday, Deckers Outdoor Corp. (NASDAQ:DECK) shares rose 66.01, or 4.07%, which has soared nearly 40% so far this year, with a nearly 10% decline over the past year.

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