Preview - Please log in to view full article.

Article Date: August 2025
Word Count: 423

Crocs Takes Huge Heydude Impairment


The bottom line swung to a loss of $492,282,000 from income of $228,907,000 for the second quarter on $737 million in Heydude-related impairment charges as revenue gained 3% to $1,149,373,000 from $1,111,502,000. Crocs brand sales grew 5% to $959.6 million, led by 7% growth at wholesale to $464.7 million, while direct-to-consumer increased 3% to $494.9 million. North America was down 7% to $457.1 million, most impacted by a pullback in DTC discounting, which saw that channel decline by 8% to $290.6 million. Wholesale was off 4% at $166.5 million. Sandals were ... 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.