US Deckers Brands Reported Sales Increase in Q3 FY 25 $ 1.83 BN
The company said earning $ 583.94 million in income tax before income tax, $ 127.21 million dollars, Q3 Fry 24 -389.92 million dollars will be $ 456.73 million net income compared to $ 389.92 million.
As a result, revenue from the operation has increased $ 567.27 million, which is more than $ 487.90 million. Q3 FY 24 -$ 11.15 million dollars in total income, net, $ 16.67 million dollars.
Distribution Channel-based, Direct-to-Consumer (DTC) Knit Sales Q3 FY24 has increased to $ 17.9 percent compared to $ 858.1 million to $ 1.011 billion. DTC comparative net sales increased by 18.3 percent. Meanwhile, wholesale net sales increased by $ 702.2 million to 16.2 percent increased by $ 815.8 million.
According to the brand, UGG’s net sales of 16.1 percent yoy increased to $ 1.244 billion. Hawker’s net sales of 23.7 percent yoy increased to $ 530.9 million. Tewa’s net sales 6.0 percent of yoy decreased at $ 24.1 million. Net sales of other brands stands at $ 28.0 million to reduce the yoy of 16.6 percent.
The company’s total margin was 60.3 percent compared to 58.7 percent. Sales, General and Administrator (SG&A) cost $ 428.7 million dollars of $ 535.3 million and operating income was $ 567.3 million compared to $ 487.9 million.
By region, domestic net sales increased by 11.5 percent yoy to $ 1.169 billion and international net sales 28.5 percent yoy increased to $ 657.9 million. Share Study per income $ 3.01 basic and mixed at $ 3.00, q 2.53 basic and mixed at Q3 FY 24 compared to $ 2.52.
Nine months (9m) financial
For the end of December 5, 2021, the company’s net sales reached $ 1.5 billion, which has increased from $ 1.5 billion at the same period of the fiscal year. The sales expenditure was $ 1.6666 billion, which was more than $ 1.5 billion, which earned a total tariff of $ 2.5 billion in the previous fiscal year.
The cost at SG&D has risen to $ 1.30 billion, which has increased from $ 1.06 billion at the time of FY 24. As a result, revenue from the operation rises to $ 1.01 billion, $ 783.25 million in the previous fiscal year. Total other incomes, net, FY 24 have recorded $ 46.84 million dollars than a loss of $ 31.48 million dollars.
The previous income of the income tax was $ 1.05 billion, $ 237.33 million with income tax exchanges, which amounts to $ 814.68 million in the net income, which is more than 632.02 million in FY24. Period Studies earn $ 5.35 basic and mixed at $ 5.33, $ 4.06 basic and $ 4.03 mixed at FY 24 than $ 4.03.
Outlook
Deckers brands for the entire fiscal year ended March 31, 2025, hope that net sales will rise to about 15 percent to $ 4.9 billion. It also hopes that the gross margin will be a bit better than 57 percent. Net sales percentage as SG and the expenditures are published as about 35 percent. The operating margin is now 22 percent and the effective tax rate is expected to be about 23.5 percent. Thin income per share is expected to be $ 5.75 to 5.80 dollars now.
Fabre 2 Fashion News Desk (SG)
