Home breadcru News breadcru Company breadcru Deckers Outdoor Q2 profit flat, raises fiscal '06 outlook

Deckers Outdoor Q2 profit flat, raises fiscal '06 outlook

29 Jul '06
3 min read

Consumer Direct - Sales for the Consumer Direct business, which are included in the brand sales numbers above, increased 13.5% to $4.0 million compared to $3.5 million for the same period a year ago. Results for the second quarter of 2006 include sales from the company's two retail outlet stores, which were not in operation in the second quarter of 2005.

Full-Year Outlook

-- Company raises full year sales guidance to range of $272 million to $278 million versus previous expectation of $268 million to $276 million.

-- Company raises full year diluted EPS range to $2.39 to $2.45 compared to previous expectation of $2.21 to $2.29.

-- Company reiterates previously announced second-half outlook of sales between $174 million to $180 million and diluted EPS of $1.74 to $1.80.
Third Quarter Outlook

-- Company introduces third quarter guidance of sales between $71 million to $74 million and diluted EPS of $0.51 to $0.54.

-- Third quarter guidance includes approximately $2.5 million of expenses associated with the $9 million increase in selling, general and administrative expenses for fiscal 2006.

Fourth Quarter Outlook

-- Company introduces fourth quarter guidance of sales between $103 million to $106 million and diluted EPS of $1.23 to $1.26.

-- Fourth quarter guidance includes approximately $2.5 million of expenses associated with the $9 million increase in selling, general and administrative expenses for fiscal 2006.

Deckers Outdoor Corporation builds niche products into global lifestyle brands by designing and marketing innovative, functional and fashion-oriented footwear developed for both high performance outdoor activities and everyday casual lifestyle use.

Deckers Outdoor Corporation

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