Dr. Martens plc Company profile
About Dr Martens PLC
Dr. Martens plc is a United Kingdom-based company that designs, develops, procures, markets, sells and distributes footwear, under the Dr. Martens brand. The Company operates through three reporting segments: Europe, the Middle East and Africa (EMEA), Americas and Americas and Asia-Pacific (APAC). Its product categories include Originals, Fusion, Kids, Casual and Accessories. The Originals category comprises boots, shoes and loafers and also included within the Originals category is the Made in England range. The Fusion category comprises platform boots and shoes, sandals, heels and refined take downs of the Originals. Within the Kids category is the mini-me range, which includes Originals, Fusion and Casual collections. It offers various accessories, such as shoe care, laces and socks, leather bags and small leather items. It operates in over 60 countries globally, through a range of modes: directly operated stores and ecommerce sites, wholesale partners and distributors.
Financial summary
BRIEF: For the six months ended 30 September 2021, Dr Martens PLC revenues increased 16% to £369.9M. Net income increased 65% to £48.6M. Revenues reflect Americas segment increase of 44% to £147.5M, Americas segment increase of 44% to £147.5M, Retail Sales - Total increase of 92% to £65.9M, Online Sales - Total increase of 10% to £82.6M. Net income benefited from Interest expense decrease of 75% to £5.1M (expense). Dividend per share totaled to £0.01.
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