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Last $7.31 USD
Change Today +0.09 / 1.25%
Volume 155.4K
SKUL On Other Exchanges
Symbol
Exchange
Berlin
As of 8:10 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

skullcandy inc (SKUL) Snapshot

Open
$7.19
Previous Close
$7.22
Day High
$7.47
Day Low
$7.15
52 Week High
03/6/15 - $11.83
52 Week Low
07/31/14 - $6.67
Market Cap
207.2M
Average Volume 10 Days
158.6K
EPS TTM
$0.26
Shares Outstanding
28.3M
EX-Date
--
P/E TM
28.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for SKULLCANDY INC (SKUL)

skullcandy inc (SKUL) Related Businessweek News

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skullcandy inc (SKUL) Details

Skullcandy Inc. designs, markets, and distributes audio and gaming headphones, earbuds, speakers, and other accessories under the Skullcandy, Astro Gaming, and 2XL brands in the United States and internationally. It sells its products through specialty, consumer electronics, sporting goods, mobile phones, and big box retailers; and third party distributors, as well as through its skullcandy.com, skullcandy.tv, ca.skullcandy.com, eu.skullcandy.com, uk.skullcandy.com, 2xl.com, astrogaming.com, astrogaming.co.uk, and astrogaming.fr Websites. The company was founded in 2003 and is headquartered in Park City, Utah.

300 Employees
Last Reported Date: 03/13/15
Founded in 2003

skullcandy inc (SKUL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.1M
Chief Financial Officer, Head of Business Ope...
Total Annual Compensation: $554.1K
Chief Commercial Officer
Total Annual Compensation: $554.1K
Chief Legal Officer, Vice President of Strate...
Total Annual Compensation: $434.0K
Chief Sales and Revenue Officer
Total Annual Compensation: $168.2K
Compensation as of Fiscal Year 2014.

skullcandy inc (SKUL) Key Developments

Skullcandy, Inc. Appoints Jeff Hutchings as VP of Engineering and Category

Skullcandy, Inc. announced strategic changes designed to strengthen its product development platform and accelerate its goal to be the innovative lifestyle and performance audio company. Jeff Hutchings has joined the company as VP of Engineering and Category from Harman, Inc. where he most recently served as Director in the Chief Technology Officer (CTO) Office and led product innovation and engineering. Jeff has over 25 years of experience in engineering management, hardware, software, embedded systems, and signal processing in both research & development and production roles. Jeff is partnered up with Tom Bishop who now leads the company's Sourcing, Quality, Packaging and Manufacturing groups as well as select product development projects. Tom has been with the company since 2009 where he founded and built the manufacturing support operations in China and later led the company's product creation and manufacturing groups for 3 years. Prior to the company, Tom oversaw Burton Snowboards' hardgoods product development in China for 6 years.

Skullcandy, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015; Revises Earnings Guidance for the Year 2015

Skullcandy, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, net sales were $46.197 million against $39.080 million a year ago. Loss from operations was $3.648 million against $3.917 million a year ago. Loss before income taxes and non-controlling interests was $4.627 million against $4.098 million a year ago. Net loss attributable to the company was $3.731 million or $0.13 per basic share against $3.463 million or $0.12 per basic share a year ago. Net cash provided by operating activities was $0.962 million against net cash used in operating activities of $9.587 million a year ago. Purchase of property and equipment was $1.265 million against $1.608 million a year ago. The improvement in operating loss is due to increased sales and gross profits, partially offset by increased SG&A expenses. For the second quarter of 2015, the company currently forecasts net sales to increase at a growth rate of 7-9% over 2014 levels and net income on a U.S. GAAP fully-diluted per share basis of a range of $0.01 to $0.03. The company is targeting a second quarter of 2015 gross margin in the range of 40.8% to 41.8%. The company expects second quarter of 2015 operating income in a range of $0.5 million to $1 million. Full year of 2015, with additional visibility and confidence in the year, the company is now expecting net revenue to grow at a 13% to 15% year-over-year rate for full year 2015, up from its previous outlook for 10% to 12% growth. This will be driven chiefly by its new product launches, investments in listening stations and growth in digital distribution. As a reminder, due to the seasonality in its business, the majority of its revenue will be generated in the second half of the year and is subject to many influences. The company reiterated guidance for net income on a U.S. GAAP fully-diluted per share basis of a range of $0.36 to $0.40 per share. The company targets an annual gross margin of approximately 42% or a range of 43% to 44% on a constant currency basis. This is lower than its previous annual target of the low 44s and higher than its effected first half performance due to a series of gross margin improvements, which should impact the back half of the year. The company expects annual tax rate at 26% before the impact of temporary discrete items that can shift the rate, like what occurred in the first quarter of 2015.

Skullcandy, Inc. to Report Q1, 2015 Results on May 05, 2015

Skullcandy, Inc. announced that they will report Q1, 2015 results at 4:30 PM, US Eastern Standard Time on May 05, 2015

 

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Industry Analysis

SKUL

Industry Average

Valuation SKUL Industry Range
Price/Earnings 28.2x
Price/Sales 0.8x
Price/Book 1.4x
Price/Cash Flow 27.9x
TEV/Sales 0.7x
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