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"This was a very good quarter for Deckers," said Mitch Kummetz, an cheap ugg maylin cheap junior ugg boots boot analyst at Wedbush Morgan Securities in Los Angeles. "Things are going well for all of their brands."
Deckers shares rose 44 cents, or 9.8%, to close cheap ugg bags china at $4.94 on Nasdaq after the announcement.
Although it is among the smallest of the publicly traded shoe companies in Southern California, Deckers' niche approach to the shoe business has helped it avoid the consumer fashion fickleness that has plagued businesses such as Santa Fe Springs based athletic footwear maker Vans Inc. and Skechers USA Inc. of Manhattan Beach.
For all of 2002, sales rose 8% to $99.1 million. Deckers very cheap ugg boots expects to pass the $100 million mark in sales this year, said Scott Ash, chief financial officer.?Earnings Preview