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Benzinga

Business

Vandana Singh

Analysts Turn Cautious On Crocs After Underwhelming Guidance

Crocs CROX Tom Nikic Needham

Crocs

Crocs, Inc. (NASDAQ:CROX) reported Thursday that its second quarter adjusted earnings per share were $4.23, beating the consensus estimate of $4.01. Additionally, it reported sales of $1.14 billion, which aligns with the consensus estimate.

The company said its Crocs and HEYDUDE brands contributed to the second-quarter performance, with the company delivering its highest-ever quarterly gross profit.

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