Deckers Outdoor Corporation Reports Record Fourth Quarter and Fiscal 2010 Financial Results

Deckers Outdoor Corporation DECK today announced record financial results for both the fourth quarter and fiscal year ended December 31, 2010. Fourth Quarter Highlights * Net sales increased 23.6% to $430.1 million compared to $348.0 million last year. * Gross margin increased 440 basis points to 54.2% compared to 49.8% last year. * Diluted EPS increased 30.5% to $2.27 compared to $1.74 last year. The Company completed a three-for-one stock split, in the form of a stock dividend paid on July 2, 2010. All share and per share data in this release and accompanying tables have been adjusted to reflect the impact of such split for all periods presented. * UGG® brand sales increased 23.8% to $412.8 million compared to $333.3 million last year. * Teva® brand sales increased 26.2% to $13.3 million compared to $10.5 million last year. * International sales increased 34.6% to $53.0 million compared to $39.3 million last year. * Retail sales increased 55.4% to $72.4 million compared to $46.6 million last year; same store sales rose 11.6%. * eCommerce sales increased 29.8% to $59.5 million compared to $45.9 million last year.