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Benzinga

Business

Dylan Berman

What's Going On With Crocs Shares Thursday?

Crocs in shoe store

Crocs, Inc. (NASDAQ:CROX) shares are trading lower Thursday after the company said it expects third quarter revenue to be down approximately 9% to 11%.

What To Know: The company reported second quarter adjusted earnings per share of $4.23, beating the consensus estimate of $4.01. In addition, Crocs reported sales of $1.14 billion, inline with the consensus estimate.

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