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Deckers Outdoor Corp. Message Board

  • voyvik11 voyvik11 Jul 30, 2012 4:30 PM Flag

    Business is not in good health

    • Total sales are up 13% about $20 million but UGG sales are down for quarter.
    • From the press release “UGG® brand sales decreased 0.3% to $107.9 million compared to $108.3 million for the same period last year.
    • Teva® brand sales decreased 15.4% to $34.1 million compared to $40.3 million for the same period last year.”
    • All the growth came from acquisition of Sanuk brand ($28 million) and core business is down year on year.

    • Operating losses ballooned uncontrolled to $28.5 million from 10.8 million loss last year.$174 million in sales and the company has a loss? Now that is spending.

    • Sadly, management is very busy working on their new corporate headquarters while the business flounders.

 
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