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Article Date: September 2021
Word Count: 424

Crocs Sees $5 Billion in Five Years


Crocs outlined a five-year growth strategy during its Investor Day, aiming for a CAGR of over 17% to over $5 billion in revenue by FY 2026, driven by key growth pillars digital, sandals and the Asian market. Adjusted operating margin is expected to tick up to 26% from an projected 25% in this year. The digital channel—made up of DTC, e-retailers and third party marketplaces—has posted a 53% CAGR from $300 million in revenue for FY ’19 to $700 million for the 12 months ended Q2 ’21. The company is aiming for digital to make up 50% of sales by ... Log in to view full article.

 


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