CROX - Crocs Stock Is Having A Cakewalk: Here's Why | Benzinga
Crocs, Inc. (NASDAQ:CROX) shares are trading higher in the premarket session on Thursday.
The company reported fourth-quarter adjusted earnings per share of $2.58, beating the street view of $2.37.
Quarterly revenue of $960.09 million beat the street view of $958.218 million. Revenues increased 1.6% year over year.
In the quarter under review, the company said it updated its reportable operating segments to Crocs Brand and HEYDUDE Brand. The Crocs brand includes ‘North America,’ ‘Asia Pacific,’ and ‘EMEALA’ segments.
Fourth quarter Crocs Brand revenues were $732 million, an increase of 10% year over ...