Teva's performance was driven by a positive reaction to a limited introduction of closed toe footwear combined with solid sales of the traditional sandal offering.
UGG
UGG net sales for the third quarter increased 18.4 percent to $67.9 million versus $57.3 million for the same period a year ago.
Sales were fueled by robust consumer demand for the new Fall styles, including fashion boots, casuals, men's and kids, coupled with a strong reorder business for core styles.
Simple
Simple net sales increased 108.8 percent to $4.4 million for the third quarter compared to $2.1 million for the same period last year.
Simple's core sandal and sneaker product lines were the largest contributors. Additionally, the Green Toe collection experienced strong retail sell-through across all channels of distribution and in all geographic regions.
Consumer Direct
Sales for the Consumer Direct business, which are included in the brand sales numbers above, increased 72.8 percent to $5.8 million compared to $3.4 million for the same period a year ago.
Results for the third quarter of 2006 include sales from the Company's two new retail outlet stores, which were not in operation in the third quarter of 2005.
Deckers Outdoor Corporation
marketing@alchempro.com
