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Stock impact report

Crocs Sees Q4 Revenue $211 Mln To $214 Mln [Reuters]

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: Reuters
Crocs Inc (CROX.OQ) Key Developments | Reuters.com Jan 14 (Reuters) - Crocs Inc ::CROCS, INC. INCREASES FOURTH QUARTER AND 2018 REVENUE GUIDANCE ANNOUNCES PARTICIPATION IN THE 21ST ANNUAL ICR CONFERENCE.Q4 REVENUE $199.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $202.6 MILLION.SEES FY 2018 REVENUE UP ABOUT 6 PERCENT.SEES Q4 REVENUE $211 MILLION TO $214 MILLION.NOW ANTICIPATES Q4 REVENUES OF $211 TO $214 MILLION.CONTINUES TO EXPECT GROSS MARGIN TO INCREASE BY 80 TO 100 BASIS POINTS OVER 45.4% IN Q4 OF 2017.NOW ANTICIPATES 2018 REVENUES TO GROW APPROXIMATELY 6%.WITH RESPECT TO 2019 REVENUES, COMPANY CONTINUES TO EXPECT A MID-SINGLE DIGIT INCREASE OVER 2018 REVENUES.CROCS - ANTICIPATE 2019 E-COMMERCE, WHOLESALE GROWTH TO MORE THAN OFFSET LOWER RETAIL REVENUES ASSOCIATED WITH REDUCED STORE COUNT.EXPECT REDUCED STORE COUNT TO REDUCE 2019 REVENUE BY ABOUT $25 MILLION.ADDING BACK $25 MILLION REDUCTION FROM STORE CLOSURES, SEES 2019 REVENUE TO BE UP MID TO HIGH SINGLE DIGITS OVER ANTICIPATED Show less Read more
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