Net income increased 94% to $55,079,000 from $28,333,000 for the period ended Sep. 30. Income from operations was 68% higher at $74.1 million and gross margin improved 50 b.p. to 45.1%. Revenues were 31% higher at $674,270,000 versus $515,756,000 with all three segments posting double-digit gains. Domestic wholesale revenues rose 18.5%, including a 16% increase in pairs and 1.2% improvement in average selling price, international wholesale revenues grew 61% and own global retail sales increased 25% with a comp store sales increase of 11%. Inline inventories were up 17% year-over-year as backlog increased more than 50%.

The current Q4 outlook is ... Log in to view full article.