Earnings

Crocs (CROX) Earnings Q2 2021

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Dina Rudick | Boston Globe | Getty Images

Crocs reported second-quarter earnings that beat on the top and bottom line Thursday, raising its full-year revenue guidance amid strong global demand.

The shoemaker’s stock jumped nearly 3% in premarket trading.

Here’s how the company did compared with what analysts surveyed by Refinitiv were anticipating:

  • Earnings per share: $2.23 adjusted vs. $1.60 expected
  • Revenue: $640.8 million vs. $565.2 million expected

During the second quarter, Croc’s net income grew to $319.0 million , or $4.93 per share, compared to $56.6 million, or 83 cents per share, from a year earlier.

Excluding one-time adjustments, the company earned $2.23 a share, beating the $1.60…



Source cnbc.com

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