Deckers Outdoor Corp (DECK) Tops Q3 EPS by 24c; UGG Sales Up 1.3%

Deckers Outdoor Corp (NASDAQ: DECK) reported Q3 EPS of $0.95, $0.24 better than the analyst estimate of $0.71. Revenue for the quarter came in at $386.7 million versus the consensus estimate of $386.05 million.

UGG® brand sales increased 1.3% to $337.0 million compared to $332.8 million for the same period last year.

Teva® brand sales increased 0.6% to $18.0 million compared to $17.9 million for the same period last year.

FY13 outlook:

* The Company now expects full year diluted earnings per share to increase approximately 10% over 2012 levels, up from its previous projection of approximately 8%.

Q413 outlook:


* The Company still expects fourth quarter 2013 revenue to increase approximately 14.5% over 2012 levels.
* The Company now expects fourth quarter 2013 diluted earnings per share to increase approximately 32% over 2012 levels, compared to its previous projection of approximately 38%.

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

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