Deckers Outdoor Corporation has posted a 45.2 per cent first-quarter sales increase on continued growth in all three of its brands.

Sales rose to $64.3 million from $44.3m in the same period last year, while net earnings grew 65.1 per cent to $8.9m from earnings of $5.4m a year ago.

 Chairman Doug Otto said: "Although our results were impacted by a higher than expected bad debt expense, we were still able to grow our net income by 65 per cent to a record level for the first quarter."

Otto added that the company remains optimistic about future prospects as its autumn bookings are coming in higher than forecast.

Teva sales for the first quarter increased 5 per cent to $39.4m compared to $37.4m last year, UGG sales for the quarter increased 337 per cent to $22.5m from $5.1m, and Simple net sales increased 41 per cent to $2.4m for the quarter compared to $1.7m for the same period last year.

Deckers reiterated its prediction of net sales of between $250m and $260m for 2005.

Deckers Outdoor Corporation builds niche products into global lifestyle brands by designing and marketing footwear developed for both high performance outdoor activities and everyday casual lifestyle use. The company's products are offered under the Teva, Simple and UGG brand names, which are also its registered trademarks.