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Article Date: January 2023
Word Count: 308

Crocs Plans for Double Digit Growth in 2023


Contributions from Heydude, acquired last Feb., pushed preliminary top line results to $3.55 billion for the year, a 53% gain over ’21, as the Crocs brand went +15% to $2.65 billion and Heydude added $890 million, up 70% on a pro forma basis to about $1 billion. Speaking at the 2023 ICR Conference, the company stressed its continued diversification both in Crocs and with the addition of Heydude, now seeing itself playing in a $160 billion addressable market within the overall $305 billion casual footwear market. The continued casualization trend is ... Log in to view full article.

 


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