Key Takeaways Crocs raised its full-year guidance but issued a third-quarter earnings projection below analysts' expectations. The footwear company posted record revenue and earnings in the second quarter. Part of the problem: A weak sales outlook for its Heydude brand, where it expects to pick up its marketing work in the second half. Crocs (CROX) delivered record revenue and earnings with its second-quarter results, but an underwhelming profit projection put a damper on the footwear company's momentum. Th ...

Crocs, Inc. (NASDAQ:CROX) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Erinn Murphy - Senior Vice President of Investor Relations and Corporate Strategy Andrew Rees - Chief Executive Officer Susan Healy - Chief Financial Officer Conference Call Participants Jonathan Komp - Robert W. Baird Adrienne Yih - Barclays Jim Duffy - Stifel Nicolaus Rick Patel - Raymond James Chris Nardone - Bank of America Tom Nikic - Wedbush Sam Poser - Williams Trading Laura Champine - Loop Capit ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 000-51754 _________________________________________________________ ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Crocs (CROX) came out with quarterly earnings of $4.01 per share, beating the Zacks Consensus Estimate of $3.59 per share. This compares to earnings of $3.59 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.70%. A quarter ago, it was expected that this footwear company would post earnings of $2.25 per share when it actually produced earnings of $3.02, delivering a surprise of 34.22%. Over the last four quarters, the company ...

Exhibit 99.1 Investor Contact: Erinn Murphy, Crocs, Inc. (303) 848-7005 emurphy@crocs.com PR Contact: Melissa Layton, Crocs, Inc. (303) 848-7885 mlayton@crocs.com Crocs, Inc. Reports Record Second Quarter Revenues and Raises Full Year 2024 Earnings Per Share Outlook • Second Quarter Revenues Increased 4% Over Last Year To $1,112 Million • Second Quarter Diluted EPS Up 11% to $3.77 and Adjusted Diluted EPS Up 12% to $4.01 ___________________________________________________________________________ BROOMFIELD, ...

Second Quarter Revenues Increased 4% Over Last Year To $1,112 Million Second Quarter Diluted EPS Up 11% to $3.77 and Adjusted Diluted EPS Up 12% to $4.01 BROOMFIELD, Colo., Aug. 1, 2024 /PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX), a world leader in innovative casual footwear for all, today announced its second quarter 2024 financial results. "We reported record second quarter results on both the top and bottom line which exceeded our guidance on all Enterprise metrics," said Andrew Rees, Chief Executive Offi ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Crocs (CROX) . This company, which is in the Zacks Textile - Apparel industry, shows potential for another earnings beat. When looking at the last two reports, this footwear company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 21.31%, on average, in the last two quarters. F ...

Given its favorable earnings outlook and recent brand momentum, the stock remains a prime selection for investors, and a post-earnings dip could certainly be bought if the company provides favorable guidance that keeps the earnings estimate revisions trends positive. We've got a stacked earnings schedule this week, with nearly every pocket of the economy being represented. Among the bunch is a consumer-facing company – Crocs (CROX) . Shares have been red-hot in 2024, gaining more than 40% and regularly boos ...

Crocs, Inc. (CROX) is scheduled to release second-quarter 2024 results on Aug 1 before market open. The Zacks Consensus Estimate for revenues is pegged at $1.10 billion, indicating a rise of 2.7% from the prior-year reported figure. Key Factors to Note However, Crocs has been facing challenges related to the operating environment and rising costs associated with the HEYDUDE acquisition. Also, investments in distribution and logistics have been acting as deterrents. Inflation, higher interest rates and geopo ...