The molded footwear maker is staying in inventory chase mode for the U.S. market to preserve margins and invest in future growth as it navigates macro uncertainties, CEO Andrew Rees outlined at the Baird investor conference. Crocs suspended full-year guidance after reporting Q1 results last month, noting that U.S. consumers are already showing cautious behavior. It cited casual footwear sales data that showed a mid-singles dip in Q1, counter to the category’s strong resilience over the last 20-plus years.

CROX is following others in the sector looking to raise net selling prices ... Log in to view full article.