Deckers produced a strong result in their quarter ended December 31. I guess either because or in spite of covid. Probably both. Which is an interesting thing to say and I’ll have to explain it.
Revenue rose 14.8% from $938.7 million in last year’s quarter (LYQ) to $1.078 billion in this year’s. The gross margin rose from 54.1% to 57.0%, “…primarily due to higher full-priced selling and rate expansion, favorable channel mix resulting from increased penetration of DTC, and favorable changes in foreign currency exchange rates.”