Deckers Outdoor Corp (DECK) Tops Q2 EPS by 21c

Deckers Outdoor Corp (NASDAQ: DECK) reported Q2 EPS of ($1.07), $0.21 better than the analyst estimate of ($1.28). Revenue for the quarter came in at $211.5 million versus the consensus estimate of $191.96 million.

"We are pleased with the start of our new fiscal year," commented Angel Martinez, President, Chief Executive Officer and Chair of the Board of Directors. "Our strong top-line performance was fueled by consumer demand for our compelling spring collections from the UGG, Teva, Sanuk and HOKA brands combined with higher initial wholesale shipments of UGG brand fall styles. Sales trends were once again strongest in our Direct-to-Consumer division and we believe that our Omni-Channel initiatives aimed at elevating the consumer experience, strengthening customer connections and improving service levels continue to yield positive results. As we head towards our busiest selling season, we believe we are well positioned from a merchandise, marketing and inventory standpoint to capitalize on the opportunities we are creating throughout each of our distribution channels and geographic regions."

Second Quarter Fiscal Year 2015 Outlook for the Three Month Period Ending September 30, 2014

The Company expects second quarter 2015 revenues to increase approximately 18% over the three month period ended September 30, 2013, and expects to report a second quarter fiscal year 2015 diluted earnings per share of approximately $0.98 compared to a diluted earnings per share of $0.95 reported for the three month period ended September 30, 2013.

For earnings history and earnings-related data on Deckers Outdoor Corp (DECK) click here.

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