Crocs shares surge as Q3 profit and revenue exceed expectations By Investing.com
Update: 2025-10-30
Description
Crocs' Q3 earnings report surprised analysts with a 10% share increase, driven by adjusted earnings of $2.92 per share, beating predictions. Despite a 6% revenue drop, Crocs brought in nearly $1 billion, exceeding forecasts. The core Crocs brand saw a 2.5% sales dip, while HEYDUDE brand revenues fell by 21%. However, international sales grew by 6% to $396 million. Crocs' success is attributed to strategic branding, product innovations, and strong cash flow, enabling share repurchases and debt reduction. Despite lower sales, Crocs maintained profit margins, with a gross margin of nearly 59% and an operating margin of around 20%. Looking ahead, Crocs anticipates an 8% revenue drop and a 15.5% operating margin in Q4, but expects to earn between $1.82 and $1.92 per share.
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