NEW YORK, July 31, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Deckers Outdoor Corp. (NASDAQ: DECK), Crocs, Inc. (NASDAQ: CROX), Newell Rubbermaid Inc. (NYSE: NWL), Iconix Brand Group, Inc. (NASDAQ: ICON), and Columbia Sportswear Company (NASDAQ: COLM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Deckers Outdoor Corp. Research Report
On July 25, 2013, Deckers Outdoor Corp. (Deckers) announced its Q2 2013 financial results with net sales decrease of 2.5% YoY to $170.1 million. Gross margin for Q2 2013 stood at 41.1% compared to 42.2% in Q2 2012, whereas diluted loss per share was $0.85 compared to $0.53 in Q2 2012. Angel Martinez, President, CEO, and Chair of Deckers' Board of Directors, stated "We are pleased with the second quarter, and while it is our smallest quarter it was an important transition period for the UGG brand that has positioned the Company for a good back half of the year." He added, "While less than favorable weather negatively impacted sandal sales for the Teva and Sanuk brands, we reacted quickly to deliver bottom line results that were better than plan." The Company now expects full-year 2013 revenues to increase 8% YoY, up 1% from its previous projection, and diluted EPS to increase 8% YoY, up 3% from its previous projection. The Full Research Report on Deckers Outdoor Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e268_DECK]
Crocs, Inc. Research Report
On July 24, 2013, Crocs, Inc. (Crocs) reported its Q2 2013 financial results with record revenue of $363.8 million, an increase of 9.9% YoY. The Company's net income was $35.4 million, or $0.40 per diluted share, compared to net income of $61.5 million, or $0.68 per diluted share, in Q2 2012. John McCarvel, President and CEO of Crocs, said, "Globally, our direct to consumer channel continues to be a key component of our success. Our Asia Pacific region remains a fundamental driver of our growth strategy as all channels in the region continue to exceed expectations." For Q3 2013, the Company anticipates revenue to be in the range of $300 million to $310 million and diluted EPS to be in the range of $0.20 to $0.23. The Full Research Report on Crocs, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2262_CROX]
Newell Rubbermaid Inc. Research Report
On July 26, 2013, Newell Rubbermaid Inc. (Newell Rubbermaid) reported its Q2 2013 financial results with sales growth of 3.5% YoY to approximately $1.5 billion. Gross margin was 39.5%, an improvement of 70 basis points versus Q2 2012. The Company posted diluted EPS of $0.37 compared with $0.38 in Q2 2012. "Our second quarter was another quarter of steady progress," said Michael Polk, President and CEO of Newell Rubbermaid. "Underlying core sales grew 2.5% and normalized EPS grew 11.1% to $0.50. We are well positioned to accelerate core growth in the back half of the year fueled by new item launches in Commercial Products, Tools, Writing and Baby and strengthened brand investment." The Company raised its normalized EPS guidance by $0.02, for a revised normalized EPS guidance range of $1.80 to $1.84, or 8% to 10% YoY growth. The Full Research Report on Newell Rubbermaid Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5abb_NWL]
Iconix Brand Group, Inc. Research Report
On July 24, 2013, Iconix Brand Group (Iconix) reported its Q2 2013 financial results, posting 22.9% YoY growth in total revenue of $115.1 million. EBITDA grew 24.3% YoY to $72.7 million. Non-GAAP diluted EPS was $0.72 compared to $0.45 in Q2 2012. Neil Cole, Chairman and CEO of Iconix, said, "We believe the performance we have achieved year-to-date and over the past several years demonstrates the power of our business model, and over the next few years we expect to see additional growth as we continue to build our existing brands around the world and further leverage our strong balance sheet and free cash flow to add iconic brands to our portfolio and continue to enhance shareholder value through opportunistic share repurchases." The Company has maintained its 2013 revenue guidance of $425 million to$435 million, but raised its 2013 non-GAAP diluted EPS guidance to $2.20 to $2.30 from $2.10 to $2.20 The Full Research Report on Iconix Brand Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6d1b_ICON]
Columbia Sportswear Company Research Report
On July 25, 2013, Columbia Sportswear Company (Columbia Sportswear) reported its Q2 2013 financial results with consolidated net sales decrease of 3.4% YoY to $280.5 million. Net loss stood at $7.1 million or $0.21 per diluted share compared with net loss of $7.9 million or $0.23 per diluted share in Q2 2012. Tim Boyle, Columbia's President and CEO, commented, "During the second quarter, we successfully launched our Omni-Freeze Zero and Cool.Q Zero active cooling technology. Sell-through of our spring season products improved as our marketing programs drove consumer awareness and warm weather arrived in key markets." For full-year 2013, the Company expects 2013 net sales to decline 2.5% YoY while full-year 2013 gross margin is expected to improve by up to 10 basis points compared to full-year 2012. The Full Research Report on Columbia Sportswear Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/febf_COLM]
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