Net income quintupled to $144,956,000 in the first quarter from $28,632,000 last year as the top line jumped 88% to $1,226,465,000 from $651,962,000 in the pandemic-stricken Q1 last year. Direct-to-consumer e-commerce increased 55% to $545.1 million, representing 44% of total revenue, down from 54% last year when some stores were forced to close. Revenue from stores more than doubled to $536.6 million. Other revenue, which includes outlet sales, pop-ups, licensing income, and Mirror, was up 262% to $144.8 million. North America was up 82%, trailing behind a 125% improvement from international.
Compared to 2019, total revenue was up 57%, representing a ... Log in to view full article.