Crocs(US:CROX)2025-08-07 12:30Q2 2025 Financial Performance - Crocs, Inc reported solid Q2 results, with both Crocs and HEYDUDE brands contributing to the performance[5] - The company achieved its highest ever gross profit quarter in company history[5] - Q2 2025 revenues reached $1,149 million, a 3% increase compared to the previous year[35] - Adjusted gross margin was 61.7%, a 30 bps increase year-over-year[35] - Adjusted operating income was $309 million, a 5% decrease year-over-year[35] - Adjusted diluted EPS was $4.23, a 5% increase year-over-year[35] Brand Performance - Crocs brand revenues were $960 million, a 4% increase year-over-year[35] - HEYDUDE brand revenues were $190 million, a 4% decrease year-over-year[35] - Crocs brand international revenue grew 16%[36] - HEYDUDE direct-to-consumer sales grew 7%[40] Capital Allocation and Outlook - The company repurchased $133 million in shares and paid down $105 million in debt[5] - Q3 2025 total revenue is expected to decline by 11% to 9% year-over-year[24] - Q3 2025 adjusted operating margin is projected to be 18% to 19%, including an estimated 170 bps tariff headwind[24] - The company has $1.1 billion remaining for share repurchases[29]