USA: Financial Round Up
Deckers Outdoor Corporation Reports First Quarter Results Deckers Outdoor Corporation has announced its financial results for the first quarter ended March 31, 2001. For the first quarter, net sales were $34.9m versus $41.9m in the same period last year. Net earnings for the quarter were $2.5m, compared to net earnings of $4.4m last year, and diluted earnings per share were $0.26 versus diluted earnings per share of $0.47 in the first quarter of 2000. The sales and earnings were in line and slightly better than the guidance provided by the company in the beginning of the year.