Business news : Deckers Q2 Losses Widen, Reiterates Full-Year Outlook

Deckers Outdoor reported net sales increased 13.1 percent in the second quarter, to $174.4 million compared to $154.2 million for the same period last year. The addition of Sanuk and direct-to-consumer growth offset a 0.3 percent dip in Ugg sales and a 15.4 percent drop at Teva. Its losses in the period expanded to $17.8 million, or 53 cents a share, from $6.7 million, or 19 cents, a year ago.
(SportsOneSource Media )