Preview - Please log in to view full article.

Article Date: November 2023
Word Count: 598

Crocs Improves in Q3, but Heydude Sales Lag


Net income was up 5% to $177,025,000 over $169,349,000 on a 6% revenue gain to $1,045,717,000 from $985,094,000, but slowing sales from Heydude led the clogmaker to cut its full-year revenue and earnings guidance. Sales are now expected to grow between 10% and 11% this year to $3,905 to $3,940 million, down from prior guidance for a 12.5% to 14.5% increase. The Crocs brand is still expected to grow 12% to 13%, while Heydude has been slashed to just a 4% to 6% increase down from its original plan of 14% ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.