Innovative casual footwear manufacturer Crocs, Inc. (CROX) reported outstanding third-quarter financials, including record revenue of $985.10 million and an industry-leading adjusted operating margin of 28%, which are a testament to the strength of the Crocs and HEYDUDE brands.
Andrew Rees, CROX’s CEO, said, “We are raising 2022 guidance following our strong back-to-school performance and 20% constant currency revenue growth in the Crocs Brand. We are confident in our ability to continue to gain significant market share, deliver best-in-class profitability, and generate strong cash flow.”
