AI English summary of an SEC filing — figures as filed
Deckers said net sales for Q1 ended June 30, 2024 rose 22.1% year over year to $825.3 million from $675.8 million. On a constant currency basis, net sales increased 23.0%.
Key points
AI summaryDeckers said net sales for Q1 ended June 30, 2024 rose 22.1% year over year to $825.3 million from $675.8 million. On a constant currency basis, net sales increased 23.0%.
The company said gross margin for Q1 was 56.9% (versus 51.3% a year earlier), operating income was $132.8 million (versus $70.7 million), and diluted EPS was $4.52 (versus $2.41).
Deckers said HOKA brand net sales rose 29.7% to $545.2 million in Q1, and UGG brand net sales rose 14.0% to $223.0 million.
The company said its diluted EPS outlook for fiscal 2025, which ends March 31, 2025, is $29.75 to $30.65. It said the outlook does not reflect the effect of potential future share repurchases or the proposed six-for-one forward stock split.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q1 Sales Rise $825.3 million, Up 22.1%
Deckers said net sales for Q1 ended June 30, 2024 rose 22.1% year over year to $825.3 million from $675.8 million. On a constant currency basis, net sales increased 23.0%.
Source · Based on the filing body and exhibits
Q1 Gross Margin 56.9%, Operating Income $132.8 million
The company said gross margin for Q1 was 56.9% (versus 51.3% a year earlier), operating income was $132.8 million (versus $70.7 million), and diluted EPS was $4.52 (versus $2.41).
Source · Based on the filing body and exhibits
HOKA, UGG Brand Sales in Q1
Deckers said HOKA brand net sales rose 29.7% to $545.2 million in Q1, and UGG brand net sales rose 14.0% to $223.0 million.
Source · Based on the filing body and exhibits
Annual Diluted EPS Outlook $29.75 to $30.65
The company said its diluted EPS outlook for fiscal 2025, which ends March 31, 2025, is $29.75 to $30.65. It said the outlook does not reflect the effect of potential future share repurchases or the proposed six-for-one forward stock split.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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