Deckers Brands full year sales and earnings improve

For the fourth quarter, Deckers Brands’ net sales decreased 4.9 percent to 374.9 million dollars and n a constant currency basis, net sales decreased 4.5percent. The company said in a statement that full year net sales increased 5.6 percent to 2.133 billion dollars and on a constant currency basis, net sales increased 6.5 percent. Fourth quarter diluted earnings per share were 57 cents compared to GAAP diluted earnings per share of 82 cents and Non-GAAP diluted earnings per share of 85 cents for the same period last year. For the full year, diluted earnings per share were 9.62 dollars compared to GAAP and Non-GAAP diluted earnings per share of 8.84 dollars for the same period last year.