The product outputs for Deckers Outdoor Corporation are shoes. Their brands include Ugg, Teva, Sanuk, and Mozo. Ugg and Teva are the top sellers. The shoes are categorized by type, style and brand name. They have boots, slippers, fashion shoes, classics, and sneakers. (Deckers Outdoor Corporation, n.d.) They are currently working to add accessories to the UGG brand. The company aims to have footwear for every person from casual athletic shoes to luxury shoes made from fine sheep skin. The primary gauge for company performance is sales. According to Angel Martinez, President and Chief Executive Officer, sales for 2011 were $1.377 billion. This is a 38% increase from 2010. Earnings per share (EPS) are another financial indicator of the company's performance. For the year 2011, EPS increased to $5.07 per share, which is a solid 27% increase over the previous year. (Deckers Outdoor's CEO Discusses Q4 2011 Results, 2012) The year 2011 was a record year in terms of financial performance for the company. Deckers Outdoor Corporation uses growth as a performance benchmark. In 2011, the company experienced a compound annual growth rate of about 15%. They are predicting an 11% compound annual growth rate in the coming four years. (Deckers Outdoor's CEO Discusses Q4 2011 Results, 2012) About 40% of their sales come from outside of the United States. The compound annual growth rate for the international markets was about 22%. The company plans to focus on untapped international
H. Rate of Return on Net Sales: This ratio is used to find profit made per dollar sale. Company G ascended its percentage (5.43% to 6.13%). Average for the industry is a 4.60% according to Yahoo Finance. Last quartile industry data shows 7.55%, above Company G ratio. Rate of Return on Net Sales is of no concern for Company G.
Threat of substitute product is any company can make an athletic shoe. Puma, Adidas, and Reebok all produce athletic shoes and apparel. These companies are Nike’s top competitors. They try to develop alternative brands to eliminate Nike from the market. Nikes utilizes trademarks on nearly all of their products and believe having distinctive marks that are readily identifiable is an important factor in creating a market for their goods. Nike identifies their brands and the company distinguishes their goods from the goods of others. Nike considers NIKE® and Swoosh Design® trademarks to be among their most valuable
* Our company’s sales forecast has been based on performance from previous years along with market circumstances. We are looking at the future of the business objectively which we then can evaluate past to
From the industry benchmark report for 2014, (appendix) between the year 2013 and 2014 our share value increased from 15.80 to 27.04 placing us ahead of everyone in our world. That is an increase of 172%. From out firm reports (appendix), our net income of 2,764,446 unfortunately fell short of our profit forecast. of 3,501,014. Even though our share holder’s value was the highest amongst our competitors, our profit before taxes was second to Bikes ‘R’Us by a total of $450,000. They had a profit of 4,339,987 while we only had a profit of 3,949,209. A part of the reason why our net income didn’t meet our forecasts and profit before taxes fell short of Bikes’R’Us is due to
From 1976 to 1982 the compound annual growth in net sales was 18.5% and the compound annual growth of after tax profit was 25.9%. Therefore, a 10% net sales growth shown in the proforma financial data seems reasonable.
There are other footwear’s that provide the same level of comfort and satisfaction such as the shoes designed by Nike, Adidas, Bata etc. as well as sell at a competitive price.
1. During the four-year period ended December 31, 2008. SciTronics’ sales grew at 21% ($244,000/$115,000) = (1+r) ^4 compound rate. There were no acquisitions or divestitures.
Nike, Jordan, Adidas, Reebok, New Balance, Oakley, Puma, Converse, Lacoste, Saucony, Timberland, Pastry, Brooks, Asics, Under Armour, Skechers, The North Face, K-Swiss and Baby Phat.
During this time, sales increased from: $7.11 billion in 2010 to $7.99 billion in 2012. Earnings improved from $2.84 to $3.57. While the total amount of dividends rose from $1.00 to $1.72. These figures are showing how the company has been continually increasing sales, earnings and dividends over the last three years. In the future, the management predicts that their current strategy will increase returns. As, executives believe that their focus on building the brand and accounting for costs will lead to net earnings of $5.20 to $7.19 annually by
John Deere is an iconic one hundred and seventy-seven year old company and maker of agricultural machinery headquartered in Moline, Illinois. What started as a small business operation has sprung into a multibillion-dollar global operation. In 2013 alone, the company boasted sales of $37.80 billion. Founded in 1837 by a blacksmith, the company originally only built plows, and did not assemble their first tractor until they purchased a small tractor company, Waterloo Boy, in 1918. Now the green and yellow machinery is recognized around the world.
From the perspective of an investor, M&S have showed a consistent growth of earnings per share. Figures stated in the key performance measures highlight the significant growth of the EPS over the past five years. Similarly the five year record of Tesco Plc also shows an increase in EPS from 15.05p to 26.95p. Both M&S and Tesco’s, like many other competitors in
Though revenues have increased by 3.8 percent over the 2009 revenues of $45,189 million, Lockheed Martin's ranking has dropped from 44 in the 2010 Fortune 500 list (CNNMoney, 2011). So far in 2011, Lockheed Marin is positioned to have a great year. Its 2011 third quarter report shows net sales at $12.1 billion, compared to the $11.3 billion in third quarter 2010. Continuing operations also grew 19 percent to $665 million, compared to $557 million in 2010. The CEO, Bob Stevens, stated that this strong third quarter is the result of the company's focus to aggressively reduce costs while still delivering value and support to its customers. Though there is still challenging global security and economic issues, Stevens expects continued growth for 2012 (LMC, 2011).
During this period, the Return on Assets increased from 5.7% in 2012 to 34.6% in 2013. This implies the number of cents earned on each dollar of assets increased from 2012 to 2013. This shows that the business has become more profitable. Equally, the Return on Equity also increased from 12.0% in 2012 to 46.5% in 2013. This similarly implies that the company in 2013 was more efficient in generating income from new investment. This, also can be attributed to the sale of the Digital Business Brand which enabled the company appraise its strategic plan.
Zappos’ primary selling base is shoes, which accounts for about 80% of its business. There are currently about 50,000 varieties of shoes sold in the Zappos store, from brands like Nike, Ugg boots, ALDO Shoes, and Steve Madden heels. They also serve the niche shoe markets, including narrow and wide widths, hard-to-find sizes, American-made shoes, and vegan shoes. In 2004, they launched a second line of high-end shoes called Zappos Couture.
Excellent customer service is a way to set the organization apart from its competitors. Differentiation can be achieved through fast and correct execution of product ordering. To improve on the order process it is important to have the correct information provided in a timely fashion to all divisions. For integration to be successful information must be available throughout the entire supply chain.