UGG Sales Growth Of 7.9% Parent Companies Increased By 7.1%

< p > UGG parent company Deckers Outdoor Corp. (NASDAQ:DECK) released its first quarter earnings in April 25th.

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As of March 31, 2013, net sales of Deckers increased by 7.1% over the same period of $246 million 300 thousand in 2012, reaching a record $263 million 800 thousand, up from analysts' expectations of $252 million 300 thousand. P

Gross margin increased by 80 basis points to 46.8%.

Net profit of $1 million, diluted $0.03 per share, net profit for the same period last year was $8 million, diluted $0.20 per share, although profits significantly reduced 7 times, but still better than analysts expected a loss of $0.10 per share.

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< p > by brand, UGG sales increased by 7.9% to 170 million 600 thousand US dollars. Sales growth from international retail and e-commerce channels and increase in same store sales were the driving force for growth. However, the decline in domestic retail sales and international wholesale business offset some growth.

Teva sales grew 3.6% to 51 million 600 thousand dollars; Sanuk sales fell 4.4% to 30 million 900 thousand dollars.

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By P, sales of retail outlets increased by 37.6% to 63 million 600 thousand US dollars, and the same store sales increased by 6.6%. E-commerce sales reached US $26 million 600 thousand, up 22.6% from last year's US $21 million 700 thousand.

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< p > by region, domestic sales increased 7.1% to 182 million 700 thousand US dollars from 170 million 600 thousand US dollars a year last year, and international sales increased 7% to 81 million 100 thousand US dollars, compared with 75 million 700 thousand US dollars in the same period last year.

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< p > Deckers expects sales in the two quarter to be flat compared with the same period last year, but it will record a loss of 1.10 per share, a loss of $0.53 per share last year.

The group's sales expectations for the 2013 fiscal year are unchanged: group net income increased by 7%, earnings per share rose 5%, gross margins and operating margins were 46.5% and 12.5% respectively.

UGG income increased by 4%; Teva income increased by 6%; Sanuk income increased by 15%.

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