Deckers Brands Q1 Loss Widens

(RTTNews) - Footwear and apparel maker Deckers Brands (DECK) on Thursday reported first-quarter net loss of $47.3 million or $1.43 per share, wider than last year's loss of $37.1 million or $1.07 per share.

Net sales for the quarter rose to $213.8 million from $211.5 million last year.

Analysts polled by Thomson Reuters estimated loss of $1.49 per share on revenues of $213.5 million for the quarter. Analysts' estimates typically exclude special items.

For the second quarter, the company expects earnings of about $1.17 per share.

For the full year, the company expects earnings of $5.15 per share on revenues of $1.96 billion. Analysts currently expect earnings of $5.08 per share on revenues of $1.96 billion.