For its second quarter, Crocs, Inc. reported consolidated revenues of 964.6 million dollars increased 50.5 percent or 55.6 percent on a constant currency basis, as compared to 2021. Crocs brand quarterly revenues of 732.2 million dollars, increased 14.3 percent or 19.4 percent on a constant currency basis, as compared to 2021. Heydude brand...
Aug 4, 2022
After Loop Capital analyst Laura Champine upgraded Crocs’ stock from a hold rating to buy on July 6, shares of the casual footwear company rose 5.3 percent as of 10:30 a.m. ET. With the upgraded rating, Champine put a price target on the stock of 75 dollars. Champine said in an investor note: “We are willing to step in despite the dodgy macro...
Jul 6, 2022
Crocs, Inc. first quarter revenues were 660.1 million dollars, an increase of 43.5 percent from the same period last year or 46.7 percent on a constant currency basis. DTC revenues grew 34.6 percent and wholesale revenues grew 48.7 percent. Raising its outlook for the year ahead, the company said it expects consolidated revenues to be...
May 5, 2022
Crocs, Inc. reported fourth quarter revenues of 586.6 million dollars, an increase of 42.6 percent from the same period last year or 43.5 percent on a constant currency basis. For the year 2021, the company’s revenues of 2,313.4 million dollars increased 66.9 percent or 65.2 percent on a constant currency basis, over 2020, while diluted earnings...
Feb 16, 2022
With respect to 2021, Crocs Inc. expects fourth quarter revenue growth of approximately 42 percent and full year 2021 revenues to grow approximately 67 percent, up from recent guidance of approximately 62 percent to 65 percent growth. The company expects fourth quarter non-GAAP operating margin of approximately 28 percent and full year non-GAAP...
Jan 10, 2022
Washington - Crocs, Inc. (CROX) has entered into a definitive agreement to acquire Heydude, a casual footwear brand, for 2.5 billion dollars. Upon completion, Heydude will operate as a standalone division. The purchase price will be funded by 2.05 billion dollars in cash and 450 million dollars in Crocs shares issued to Rosano, Heydude founder....
Dec 23, 2021
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