The company reported income before income taxes of $ 583.94 million, with an income tax expense of $ 127.21 million, which leads to a net income of $ 456.73 million, compared to $ 389.92 million in the third quarter of the 2014 fiscal year.
Consequently, operations revenues increased to $ 567.27 million, compared to $ 487.90 million. The total of other income, net, amounted to a loss of $ 16.67 million, compared to a loss of $ 11.15 million in Q3 Fy24.
Net distribution sales in terms of the channel, direct to the consumer (DTC) increased by 17.9 percent to $ 1,011 billion compared to $ 858.1 million in Q3 Fy24. DTC Comparable net sales increased by 18.3 percent. Meanwhile, wholesale net sales increased 16.2 percent to $ 815.8 million compared to $ 702.2 million.
As for the brand, Net Sales of UGG increased 16.1 percent year -on -year to $ 1,244 billion. The net sales of Hoka increased 23.7 percent year -on -year to $ 530.9 million. Teva net sales decreased by 6.0 percent year -on -year to $ 24.1 million. Other brands net sales decreased 16.6 percent year -on -year to $ 28.0 million.
The company's gross margin was 60.3 percent compared to 58.7 percent. Sales, general and administrative expenses (SG & a) were $ 535.3 million compared to $ 428.7 million, and the operational income was $ 567.3 million compared to $ 487.9 million.
As for the region, national net sales increased by 11.5 percent year -on -year to $ 1,169 billion, and international net sales increased by 28.5 percent year -on -year to $ 657.9 million. The earnings per share were at $ 3.01 and $ 3.00 diluted, compared to $ 2.53 basics and $ 2.52 diluted in Q3 Fy24.
Financial of nine months (9m)
During the nine months ended December 31, 2024, the company's net sales reached $ 3.96 billion, an increase of $ 3.33 billion in the same period of fiscal year 2014. The cost of sales amounted to $ 1.66 one billion, compared to $ 1.48 billion, which led to a gross gain of $ 2.31 billion compared to $ 1.85 billion in the previous prosecutor.
SG & A expenses were $ 1.30 billion, increasing $ 1.06 billion in the corresponding period of the FY24. As a result, operations revenues increased to $ 1.01 billion, compared to $ 783.25 million in the previous prosecutor. Other total, net income registered a loss of $ 46.84 million, compared to a loss of $ 31.48 million in fiscal year 2014.
Revenue before income taxes were $ 1.05 billion, with an income tax expense of $ 237.33 million, which resulted in a net income of $ 814.68 million, compared to $ 632.02 million in the fiscal year 2000. The profits per share for the period were $ 5.35 basic and $ 5.33 diluted, compared to $ 4.06 basic and $ 4.03 diluted in the 2014 fiscal year.
Perspective
For the full fiscal year 2025 that ends on March 31, 2025, Deckers Brands expects net sales to increase approximately 15 percent to $ 4.9 billion. He also expects the gross margin to be or slightly better than 57 percent. It is expected that SG & A expenses as a percentage of net sales are approximately 35 percent. The operational margin is now expected to be 22 percent, and the effective tax rate is approximately 23.5 percent. It is now expected that action diluted per share will be in the range of $ 5.75 to $ 5.80.
Fiber2Fashion News Desk (SG)
