Skullcandy (SKUL) Tops Q4 EPS by 2c; Sales Blow Past Views
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Skullcandy Q4 2014 Revenue Grew 34% to $96.8 Million and Earnings Doubled to 26 Cents
March 5, 2015 4:01 PM ESTPARK CITY, Utah, March 5, 2015 (GLOBE NEWSWIRE) -- Skullcandy, Inc. (Nasdaq: SKUL) today announced financial results for the fourth quarter and year ended December 31, 2014.
Fourth quarter 2014 results versus same quarter in prior year
Net sales: $96.8 million vs. $72.2 million (+34%)Â Gross margin: 43.3% vs. 43.5% Selling, general and administrative expense as a percentage of net sales: 32.1%Â vs. 35.9% Operating income: $10.8 million vs. $5.5 million (+97%) Net income per diluted share: $0.26 vs $0.13 (+100%)Twelve months ended 2014 results versus twelve months ended 2013
Net sales: $247.8 million vs. $210.1 million (+18%) Gross margin: 44.6% vs. 44.3%... More