Deckers Outdoor Corporation announced for the third quarter ended September 30, 2003, the Company now expects sales to be between $23.0 and $23.5 million compared to its previous guidance of $19.0 to $20.0 million.
The Company also stated that it expects to meet or improve upon the current First Call consensus estimate for the third quarter.
“The strong momentum we experienced in the first half of the year continues into the second half of fiscal 2003,” commented Doug Otto, Chairman and Chief Executive Officer of Deckers. “Our better than expected performance was driven by significant growth in Ugg and continued strength in our Teva business. We remain committed to further leveraging our leadership position in the market.”