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Crocs Inc
NASDAQ:CROX

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Crocs Inc
NASDAQ:CROX
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Price: 137.64 USD 2.58%
Market Cap: $6.8B

Crocs Inc
Investor Relations

Crocs makes casual footwear built around molded foam clogs and related shoes. It also sells sandals, sneakers, boots, and decorative shoe charms called Jibbitz. The company’s core product is a lightweight, easy-to-wear shoe that stands out for comfort and simple, recognizable design. Its main customers are everyday consumers, especially families, kids, and younger buyers who want casual shoes for home, school, travel, and leisure. Crocs sells through its own websites and stores, as well as through shoe chains, department stores, and other retail partners. It makes money mostly by selling footwear, with accessory sales adding a useful extra layer of revenue. Crocs sits at the branded consumer footwear end of the apparel supply chain. Unlike companies that rely mainly on fashion cycles, its business is built around a few signature styles that are easy to recognize and repeat across seasons. That gives it a model focused on brand, comfort, and add-on customization rather than heavy technical performance or formal dress shoes.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Jul 30, 2026
AI Summary
Q2 2026

Beat and raise: Crocs reported record second-quarter revenue of $1.2 billion, above expectations, and raised full-year revenue and EPS guidance.

Crocs momentum: The Crocs brand topped $1 billion in quarterly revenue for the first time, helped by strong sandals, DTC growth, and improving international performance.

HEYDUDE recovery: HEYDUDE revenue was down 6%, but the brand came in ahead of plan and management said it remains on track to return to growth in the back half of the year.

Marketplace shift: Crocs said a North America marketplace accounting change starts in Q3 and will lower recognized DTC revenue while lifting wholesale revenue, with no impact on units or market share.

Capital return: The company repurchased about 2.3 million shares for $251 million, paid down $31 million of debt, and added a new $1.5 billion buyback authorization.

Key Financials
Enterprise revenue
$1.2 billion
Crocs brand revenue
$1.0 billion
HEYDUDE revenue
$179 million
Crocs DTC revenue
up 12%
HEYDUDE DTC revenue
up 7%
Crocs international revenue
up 7%
Crocs North America DTC revenue
up 5%
Enterprise adjusted gross margin
60%
Crocs adjusted gross margin
63.1%
HEYDUDE adjusted gross margin
43.7%
Adjusted SG&A
$412 million
Adjusted operating margin
25.1%
Adjusted diluted EPS
$4.55
Cash and cash equivalents
just over $170 million
Borrowing capacity
approximately $870 million
Inventory
$389 million
Share repurchases
approximately 2.3 million shares for $251 million
Debt paydown
$31 million
Net leverage
low end of target range of 1 to 1.5x
Earnings Call Recording
Other Earnings Calls

Management

Mr. Adam Michaels
Executive VP & Chief Digital Officer
No Bio Available
Ms. Susan L. Healy
Executive VP & CFO
No Bio Available
Mr. Thomas Britt
Executive VP & Chief Information Officer
No Bio Available
Ms. Marisa F. Jacobs
Global Head of Investor Relations
No Bio Available
Ms. Sara Hoverstock
Senior VP & General Counsel
No Bio Available
Ms. Shannon Sisler
Executive VP & Chief People Officer
No Bio Available
Mr. Erik Olson
Senior Vice President of Global Sourcing & Product Execution
No Bio Available
Ms. Erinn Elisabeth Murphy
Senior VP of Investor Relations & Corporate Strategy
No Bio Available
Mr. Frank Smigelski
Senior Vice President of Distribution & Logistics
No Bio Available
Mr. Terence Reilly
Executive VP & President for the HEYDUDE Brand
No Bio Available

Contacts

Address
COLORADO
Broomfield
13601 Via Varra
Contacts
+13038487000.0
careers.crocs.com
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