Edition:
United Kingdom

Deckers Brands Reports Q2 2019 Results And Raises Guidance For FY 2019


Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Deckers Outdoor Corp ::DECKERS BRANDS REPORTS SECOND QUARTER FISCAL 2019 FINANCIAL RESULTS AND RAISES GUIDANCE FOR FULL YEAR FISCAL 2019.Q2 EARNINGS PER SHARE $2.48.Q2 SALES $501.9 MILLION VERSUS I/B/E/S VIEW $494.4 MILLION.Q2 SAME STORE SALES ROSE 4.8 PERCENT.Q2 EARNINGS PER SHARE VIEW $1.71 -- THOMSON REUTERS I/B/E/S.SEES 2019 NET SALES IN RANGE OF $1.935 BILLION TO $1.960 BILLION.SEES 2019 GROSS MARGIN TO BE APPROXIMATELY 50%.SEES 2019 NON-GAAP EARNINGS PER SHARE IN RANGE OF $6.65 TO $6.85.SEES Q3 2019 NET SALES IN RANGE OF $805.0 MILLION TO $825.0 MILLION.SEES Q3 2019 NON-GAAP EARNINGS PER SHARE IN RANGE OF $5.10 TO $5.25.SEES 2019 OPERATING MARGIN IN RANGE OF 13.0% TO 13.2%.SEES 2019 EFFECTIVE TAX RATE TO BE APPROXIMATELY 21%.