Footwear

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Deckers Outdoor Corp raises FY 2015 guidance; gives Q3 2015 guidance below analysts' estimates; gives Q4 2015 mixed guidance

Thursday, 23 Oct 2014 04:10pm EDT

Deckers Outdoor Corp:Expects FY 2015 revenues to be about $1.825 bln, up from the previous guidance of 14%.Expects FY 2015 diluted earnings per share to be about $4.71, up from the previous guidance of 14.5%.Expects Q3 2015 revenues to increase approximately 10% over Q3 2014.Expects Q3 2015 diluted earnings per share of approximately $4.46.Expects Q4 2015 revenues to increase approximately 10% over Q4 2014.Expects Q4 2015 diluted earnings per share of approximately $0.15.Reported revenue of $736 mln in Q3 2014.Reported revenue of $295 mln in Q4 2014.Q3 2015 revenue of $817 mln, EPS of $4.75 - Thomson Reuters I/B/E/S.Q4 2015 revenue of $337 mln, EPS of $0.04 - Thomson Reuters I/B/E/S.

Skechers USA, Inc gives Q1 2015 revenue guidance

Wednesday, 22 Oct 2014 04:00pm EDT

Skechers USA, Inc:Expects Q1 2015 top-line growth to be 15 to 20 pct.Q1 2015 revenue of $620 mln - Thomson Reuters I/B/E/S.

Steven Madden Ltd lowers FY 2014 outlook

Monday, 20 Oct 2014 08:00am EDT

Steven Madden Ltd:Expects FY 2014 net sales will increase 1- 2 pct over net sales in FY 2013.Expects FY 2014 Diluted EPS to be in the range of $1.81 to $1.86.Says given the continued lack of significant fashion trends in the footwear space, its assumption that retail segment trends will remain difficult through the fourth quarter, and a reduced forecast for reorders in wholesale segment, it is lowering its full year guidance.Reported revenue of $1.314 bln in FY 2013.FY 2014 revenue of $1.383 bln, EPS of $2.02 - Thomson Reuters I/B/E/S.

Maxwell International Holdings Bhd announces incorporation of subsidiary

Thursday, 16 Oct 2014 08:00pm EDT

Maxwell International Holdings Bhd:Says it has on Oct. 17 completed the incorporation of a subsidiary company, namely Maxwell International Trading Sdn Bhd in Malaysia.Says the authorized and paid-up share capital of Maxwell International Trading Sdn Bhd is 400,000.00 Ringgit divided into 400,000 ordinary shares of 1.00 Ringgit each and 2.00 Ringgit divided into 2 ordinary shares of 1.00 Ringgit each.

Symphony Holdings Ltd announces completion of acquisition of entire equity interest in Trillion Earning Ltd and disposal of 42 pct interest in Giant Eagle Enterprises Ltd

Thursday, 16 Oct 2014 06:23am EDT

Symphony Holdings Ltd:Refers to the announcement made earlier, in relation to, among other things, the proposed acquisition of entire equity interest in Trillion Earning Ltd; and the disposal of 42 pct equity interest in, and 42 pct shareholders’ loan of, Giant Eagle Enterprises Ltd.Says completion took place on Sept. 15.Says pursuant to the terms of the agreement, 260,260,000 consideration shares were issued to the vendor at completion.Says the final adjusted consideration is HK$482,951,240.

Wolverine World Wide Inc lowers FY 2014 revenue outlook; reaffirms FY 2014 EPS outlook

Tuesday, 14 Oct 2014 06:30am EDT

Wolverine World Wide Inc:Says it is adjusting its outlook for FY 2014 consolidated revenue to about $2.745 bln, representing growth of about 2 pct compared to FY 2013 revenue of $2.69 bln.Reaffirmed FY 2014 adjusted diluted earnings per share in the range of $1.57 to $1.63 -- growth of 10-14 pct compared to FY 2013 adjusted diluted earnings per share of $1.43.On a reported basis, Expects FY 2014 diluted earnings per share in the range of $1.32 to $1.38.FY 2014 revenue of $2.766 bln, EPS of $1.59 - Thomson Reuters I/B/E/S.

Adidas AG to issue two eurobonds of up to 1 billion euros in total

Tuesday, 30 Sep 2014 08:00pm EDT

Adidas AG:Resolved to issue two eurobonds of up to 1 billion euros in total.Bonds will have a 7-year and a 12-year term, respectively.Will use proceeds from the offering for repayment of debt, pre-funding of future debt maturities, pension funding, returns to shareholders.

Steve Madden Ltd to acquire Mexico Licensee

Tuesday, 30 Sep 2014 07:30am EDT

Steve Madden Ltd:Says that it has signed a definitive agreement to acquire Trendy Imports S.A. de C.V., Comercial Diecisiette S.A. de C.V., and Maximus Designer Shoes S.A. de C.V.As Steve Madden's Mexican licensee, SM Mexico markets Steve Madden products in Mexico in the wholesale channel as well as in Steve Madden-branded retail stores.The purchase is a cash transaction for about $15 million.Says the transaction is expected to close in Jan of 2015.

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