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Known for its UGG boots. It is accurate that the shares have almost doubled in the previous yr, up over 92%. But at a P/E of below 27, Decker's stays inexpensive. Decker's has posted quarter after quarter of records, defying fears of a economic downturn and a debt crisis in Europe. This company has proven that weak economies do not impact all companies equally. In the third quarter, sales and earnings reached information of $414.4, and EPS reached $one.59, symbolizing growth of 49.1%, and 48.six% respectively. Angel Martinez, Decker's CEO, commented that, "our worldwide revenue more than doubled fueled by growth in wholesale volume units in the United Kingdom and Beneluz, coupled with an improve in sales resulting from our conversion to wholesale functions in these areas." As businesses classic ugg boots consistently stay careful about Europe, here is a company that is bullish on Europe, and is increasing rapidly in the region. On the contact, CEO Martinez noted that "overall, we're happy with our performance in Europe. We are clearly cognizant of the concerns about Europe due to the financial situation in a number of countries, and we will closely keep track of sell via as we head into the vacation period." Decker's does not see the debt crisis in Europe as a significant headwind for the company, which we see as a sign of the resilience of the products Decker's has to offer. Overall, international sales elevated 113.eight% yr over year, to $156.four million, and Decker's aggressive store opening schedule in Asia will allow for that growth to continue. By mid November, Decker's will have 44 stores globally, in key marketplaces such as Japan and Canada. Decker's is poised for fantastic achievement in the years to come, many thanks to its 3 brands, which we profile ugg boots on sale beneath: UGG: This is by far Decker's most nicely recognized brand name, and for good purpose. Customers rave about the high quality and comfort of these boots and so ought ugg boots clearance to traders. Sales of UGG's rose by 47.three% this quarter, pushed by wholesale revenue in Europe, accelerating sales in the firm's stores, and higher domestic wholesale sales. The company has launched a new advertising marketing campaign that includes Tom Brady, designed to broaden UGG's to a broader male viewers. It is true that UGG's account for over 90% of sales, but the brand name is stable, and Decker's has worked hard to grow
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