US apparel and footwear group Deckers Brands moved to a profit in the fourth quarter, closing fiscal 2018 on what CEO Dave Powers hailed a "high note", as the firm enters fiscal 2019 with optimism.

The maker of Ugg footwear says that for the three months ended 31 March, net income totalled US$20.6m, compared to net loss of $15.7m a year earlier. Gross margin was 48% compared to 43% for the same period last year.

Net sales were also up, rising 8.4% to $400.7m from $369.5m in the same period last year. On a constant currency basis, net sales increased 6.6%.

Domestic net sales for the quarter increased 8.3% to $249m, while international sales were up 8.7% to $151.7m.

Ugg brand net sales increased 6% to $257.5m, compared to $243m a year ago, while Teva brand net revenues were also up, climbing 7.3% to $55m. Meanwhile, net sales for the Sanuk brand climbed 10.3% to $35.6m, and Hoka One One sales increased 34.1% to $50.4m.

For the full year, net income reached $114.4m, compared to $5.7m in 2017, while gross margin was 48.9% compared to 46.7% for the same period last year.

Net sales increased 6.3% to $1.9bn from $1.8bn for the same period last year. On a constant currency basis, net sales increased 6.1%. For fiscal 2018, domestic sales increased 2.9% to $1.2bn, while international sales were up 12.4% to $729.3m.

Ugg brand net sales increased 3.9% to $1.5bn, Teva brand net revenues climbed 13.5% to $133.6m, while net sales for the Sanuk brand sales declined 0.9% to $90.9m. Hoka One One brand 2018 sales increased 46.7% to $153.5m.

"We closed fiscal 2018 on a high note as we exceeded expectations for the fifth consecutive quarter," said CEO Dave Powers. "I am confident that the company is well-positioned to build on its recent financial accomplishments and enhance its industry competitiveness through the continued execution of our operating profit improvement plan and strategic focus."

Looking ahead, Deckers expects full-year fiscal 2019 net sales in the range of $1.93bn and $1.95bn, while gross margin is expected to be slightly better than 49%. Non-GAAP diluted earnings per share are expected to be in the range of $6.20 to $6.40.