Core Insights - Crocs reported revenue of $937.33 million for Q1 2025, a slight year-over-year decline of 0.1%, with EPS at $3.00 compared to $3.02 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $909.56 million by 3.05%, and the EPS surpassed the consensus estimate of $2.51 by 19.52% [1] Revenue Breakdown - Crocs Brand revenue was $761.61 million, exceeding the average estimate of $744.37 million, reflecting a year-over-year increase of 2.4% [4] - HEYDUDE Brand revenue was $175.73 million, below the average estimate of $166.55 million, showing a year-over-year decline of 9.8% [4] - Direct-to-Consumer revenue for Crocs Brand was $284.80 million, slightly above the estimate of $279.37 million [4] - HEYDUDE Brand Direct-to-Consumer revenue reached $65.03 million, surpassing the estimate of $61.63 million [4] - Wholesale revenue for Crocs Brand was $476.80 million, exceeding the estimate of $467.14 million [4] - HEYDUDE Brand Wholesale revenue was $110.69 million, above the estimate of $105.40 million [4] Margin Analysis - Non-GAAP Gross Margin for HEYDUDE Brand was 46.6%, lower than the estimated 47.9% [4] - Non-GAAP Gross Margin for Crocs Brand was 60.7%, higher than the estimated 58.3% [4] Stock Performance - Crocs shares returned +1.2% over the past month, underperforming the Zacks S&P 500 composite's +11.3% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3]
Crocs (CROX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates