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Stock impact report

Crocs, Inc. Reports Fiscal 2020 First Quarter Results

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: Business Wire
Americas Revenues Increased 14.4% and E-Commerce Revenues Rose 15.8% from First Quarter 2019 NIWOT, Colo.--(BUSINESS WIRE)--Crocs, Inc. (NASDAQ: CROX), a world leader in innovative casual footwear for men, women, and children, today announced its first quarter 2020 financial results.Andrew Rees, President and Chief Executive Officer, said, “Amidst unprecedented market conditions globally, our total revenue held up well with exceptional performance in our Americas and e-commerce businesses that was overshadowed by COVID-19 related store closures. Despite this recent softness, Crocs remains a strong, vibrant brand that is very well positioned. In the near-term, we have no liquidity concerns and have taken quick action to ensure we will be strongly cash flow positive for the remainder of the year. Over the long-term, we are confident we will restore our momentum in 2021 and continue our positive growth trajectory for years to come.“Our immediate focus remains on the well-being of our Show less Read more
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