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Crocs Inc
F:C7N

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Crocs Inc
F:C7N
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Price: 86.2 EUR 0.47% Market Closed
Market Cap: €5.2B

Crocs Inc
Investor Relations

Crocs makes casual footwear built around molded foam clogs and related shoes. It also sells sandals, sneakers, boots, and decorative shoe charms called Jibbitz. The company’s core product is a lightweight, easy-to-wear shoe that stands out for comfort and simple, recognizable design. Its main customers are everyday consumers, especially families, kids, and younger buyers who want casual shoes for home, school, travel, and leisure. Crocs sells through its own websites and stores, as well as through shoe chains, department stores, and other retail partners. It makes money mostly by selling footwear, with accessory sales adding a useful extra layer of revenue. Crocs sits at the branded consumer footwear end of the apparel supply chain. Unlike companies that rely mainly on fashion cycles, its business is built around a few signature styles that are easy to recognize and repeat across seasons. That gives it a model focused on brand, comfort, and add-on customization rather than heavy technical performance or formal dress shoes.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 30, 2026
AI Summary
Q1 2026

Beat and raise: Crocs posted first-quarter enterprise revenue of $921 million, slightly ahead of expectations, and raised full-year adjusted EPS guidance to $13.20 to $13.75.

Brand momentum: Both brands benefited from stronger direct-to-consumer performance, helped by new product launches, collaborations, and social commerce, even as wholesale remained pressured.

Tariff and conflict: Management said the Middle East conflict and tariff changes are fully embedded in guidance, with higher freight and some revenue drag already reflected.

Second-half confidence: Leadership pointed to accelerating product newness and easier comparisons from last year’s pullbacks on promotions, paid search, and inventory as reasons for confidence in the back half.

Capital returns: Crocs continued buying back stock and had repurchased 800,000 shares quarter-to-date for $74 million, while keeping leverage at the low end of its target range.

Key Financials
Enterprise revenue
$921 million
Crocs brand revenue
$767 million
HEYDUDE brand revenue
$154 million
Crocs direct-to-consumer revenue
11% growth
HEYDUDE direct-to-consumer revenue
8% growth
Enterprise adjusted gross margin
56.9%
Crocs brand adjusted gross margin
59.5%
HEYDUDE brand adjusted gross margin
44.5%
Adjusted SG&A
Flat to prior year
Adjusted operating margin
22.3%
Adjusted diluted earnings per share
$2.99
Cash and cash equivalents
$131 million
Borrowing capacity
over $800 million
Inventory
$398 million
Inventory units
down high single digits
Inventory turns
above 4x annualized
Share repurchases
800,000 shares
Remaining share repurchase authorization
$747 million
Net leverage
low end of 1 to 1.5x target range
Tax rate
18% underlying non-GAAP, 23% GAAP
Earnings Call Recording
Other Earnings Calls

Management

Mr. Adam Michaels
Executive VP & Chief Digital Officer
No Bio Available
Ms. Susan L. Healy
Executive VP & CFO
No Bio Available
Mr. Thomas Britt
Executive VP & Chief Information Officer
No Bio Available
Ms. Marisa F. Jacobs
Global Head of Investor Relations
No Bio Available
Ms. Sara Hoverstock
Senior VP & General Counsel
No Bio Available
Ms. Shannon Sisler
Executive VP & Chief People Officer
No Bio Available
Mr. Erik Olson
Senior Vice President of Global Sourcing & Product Execution
No Bio Available
Ms. Erinn Elisabeth Murphy
Senior VP of Investor Relations & Corporate Strategy
No Bio Available
Mr. Frank Smigelski
Senior Vice President of Distribution & Logistics
No Bio Available
Mr. Terence Reilly
Executive VP & President for the HEYDUDE Brand
No Bio Available

Contacts

Address
COLORADO
Broomfield
13601 Via Varra
Contacts
+13038487000.0
careers.crocs.com
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