15财年第三季度服装零售商Kate Spade销售额上涨30%
Kate Spade said net sales from continuing operations for the third quarter of 2014 totalled $250 million, up $58 million or 30.0% from the third quarter of 2013.
“Sales were primarily driven by rise in the Kate Spade North America and Kate Spade International segments, partially offset by a decline in sales in the Adelington Design Group segment,” the retailer said.
Total Kate Spade comparable direct-to-consumer net sales, including e-commerce, rose 15.2% in the third quarter of 2014.
“Sales per square foot for comparable stores for the latest twelve months were $1,507,” it added.
In the third quarter of 2014, the apparel retailer also posted a turnaround in income by posting a net income from a net loss in the prior year quarter.
GAAP income from continuing operations reached $3 million, or $0.02 per diluted share, compared to a loss from continuing operations of $14 million, or $0.12 per share, for the third quarter of 2013.
In the reporting quarter, gross profit as a percentage of net sales went up to 62.8%, up from 61.4% in the same period of 2013.
Selling, general & administrative (SG&A) expenses in the quarter under review too drove up by $38 million, or 32.3%, to $154 million, from corresponding quarter of last year.
Third quarter of 2014 interest expense, net declined drastically to just $2 million, from $12 million in the third quarter of 2013.
Debt at the end of the quarter too fell by a massive amount of $120 million or 22.68% from a year earlier period, to $409 million.
The retailer ended the third quarter of 2014 with $123 million in cash and cash equivalents and marketable securities, compared to $7 million at the end of the third quarter of 2013.
Adjusted EBITDA, net of foreign currency transaction adjustments nearly doubled from $11 million to $21 million for the third quarter of 2014.
CEO Craig Leavitt said, "Looking ahead, we will continue to progress along expansion of both, product category and geographically, while prioritizing to expand margins and generate solid results."
15财年第三季度服装零售商Kate Spade销售额上涨30%
在纽交所上市的服装零售商Kate
Spade公司在截至
Kate Spade表示2014年第三季度持续经营业务的净销售额为2.5亿美元,相比2013年第三季度上涨5800万美元即30.0%。
“销售的增长主要是由Kate
Spade北美和国际部门推动,部分被Adelington设计集团销售额的下降所抵消”,零售商表示。
2014年第三季度，Kate
Spade可比直接面向消费者净销售总额（包括电子商务）上涨了15.2%。
“最近12个月同店每平方英尺销售为1507美元,”它补充道。
在2014年第三季度,服装零售商发布了前一年的季度净亏损和净利润表示收入好转。
以公认会计准则计算，持续经营业务达到300万美元即稀释后每股盈利0.02美元,而2013年第三季度持续经营业务亏损1400万美元即每股0.12美元。
报告季度期间毛利占净销售额的比例上升至62.8%,高于2013年同期的61.4%。
在审查季度期间销售总务管理支出相比去年上一季度也上涨了3800万美元即32.3%至1.54亿美元。
2014年第三季度的利息费用从2013年第三季度的1200万美元急剧下降至200万美元。
季度末债务也较上年同期大幅下降了1.2亿美元即22.68%至4.09亿美元。
截至2014年第三季度末零售商拥有现金和现金等价物以及有价证券1.23亿美元,而2013年第三季度为700万美元。
2014年第三季度调整后息税前利润,净外币交易从1100万美元几乎翻了一倍增加至2100万美元。
首席执行官克雷格•莱维特说:“展望未来,我们将继续扩张产品类别和地理位置,而优先考虑的是扩大利润从而取得可靠的结果。”