Preview - Please log in to view full article.

Article Date: October 2024
Word Count: 593

Crocs Inches Higher Despite Heydude Headwinds


Net income improved 13% to $199,801,000 in the third quarter from $177,025,000 last year on a 2% gain in revenue to $1,062,200,000 over $1,045,717,000, as continued momentum from the core brand more than offset another disappointing quarter at Heydude. Total direct-to-consumer sales were up 4%, offsetting a 1% dip in wholesale. Crocs brand sales posted 7% growth to $858.1 million with balanced gains across channels as DTC was up 8% to $462.5 million and wholesale grew 7% to $395.6 million. Units drove growth with an 11% increase to 32.1 million pairs ... 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.