Net income was up 8% in the second quarter to $228,907,000 from $212,412,000 on a 4% revenue gain to a quarterly record $1,111,502,000 up from $1,072,367,000 powered by 10% growth from the Crocs brand. Revenues were $914 million as units sold increased 6% to 35 million pairs and ASP ticked up 4% to $25.96. Direct-to-consumer sales grew 13% to $479 million and wholesale gained 7% to $435 million.
International led results for the Crocs brand with 19% growth to $425 million as DTC went +28% and wholesale increased 18%. China was a ... Log in to view full article.