Crocs Shares Jump 21% on Strong Results and Above-Consensus 2026 Earnings Outlook

Core Insights - Crocs Inc. shares increased over 21% intra-day following stronger-than-expected fourth-quarter results and a positive earnings outlook for 2026 [1] - The company projected adjusted EPS for 2026 between $12.88 and $13.35, exceeding analyst expectations of $11.89 [1] - Revenue for 2026 is expected to range from a 1% decline to slight growth, compared to analyst projections of a 0.8% decrease [1] Financial Performance - Crocs exceeded fourth-quarter revenue and profit estimates, driven by strong holiday demand for its core footwear in international direct-to-consumer channels [2] - Both the Crocs brand and the HEYDUDE division contributed to the revenue outperformance [2] Strategic Initiatives - CEO Andrew Rees announced plans to achieve $100 million in cost savings by 2026 [2] - The company anticipates a modest expansion of adjusted operating margin from 22.3% in fiscal 2025 [2]