Crocs Q4 Earnings Call Highlights

Chief Financial Officer Patraic Reagan said Crocs brand revenue growth was driven by unit volume, up 2% to 129 million pairs, while average selling prices were roughly flat year over year. He added that North America revenue for the Crocs brand fell 7% to $1.7 billion, which he attributed to pulling back promotional activity in DTC earlier in the year and “carefully managing” sell-in to the North American market. International Crocs brand revenue rose 11% to $1.6 billion, led by DTC growth of 23% and wholes ...