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Stock impact report

Crocs (CROX) Q1 Earnings Beat Estimates, Revenues Rise Y/Y [Yahoo! Finance]

Crocs, Inc. (CROX) 
Last crocs, inc. earnings: 4/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.crocs.com/investor-overview
Company Research Source: Yahoo! Finance
Its adjusted earnings of $3.02 per share beat the consensus estimate of $2.22 and rose 15.7% year over year. We note that this Zacks Rank #3 (Hold) company has gained 19.3% in the past three months compared with the industry's 8.1% growth. Q1 in Detail Revenues rose 6.2% year over year to $938.6 million and beat the Zacks Consensus Estimate of $883 million. On a constant-currency basis, revenues improved 6.9% year over year. The top line witnessed solid growth in the direct-to-consumer (“DTC”) channel and both regions. DTC revenues increased 11.8% while wholesale revenues rose 3.2%. The Crocs brand's revenues grew 14.6% year over year to $744 million, including an 18.3% increase in DTC revenues and a 12.5% rise in wholesale revenues. DTC comparable sales for the Crocs brand rose 14.7%. Crocs, Inc. Price, Consensus and EPS Surprise Crocs, Inc. price-consensus-eps-surprise-chart | Crocs, Inc. Quote The HEYDUDE brand's revenues fell 17.2% year over year to $195 million. The Show less Read more
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