Ugg Stops Growing And Teva Is Down, But Deckers Remains Optimistic
Net income dropped by 36 percent to $5,649,000 for Deckers Corp. in the 1st quarter, on sales that fell by 13 percent to $56.0 million. The gross margin was off by 190 basis points to 44.1 percent, which the company blamed on inventory write-downs and a greater amount of closeouts. ...
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