Crocs

Crocs reported revenue growth of 4.6% to $1.04 billion and adjusted earnings per share of $3.69, well above estimates. HEYDUDE returned to growth with a 6% increase, and the direct business remains a growth driver. The company repurchased $250 million of stock and raised its full-year forecast for the third time; the shares closed up 25.5% after hours, marking a 52-week and two-year high. » Altro su finanzen.net

Crocs beat analysts’ expectations in the third quarter with revenue of $1.04 billion and increased adjusted gross margin by 180 basis points to 60.3%. Adjusted earnings per share rose 26.4% to $3.69, well above estimates. On the back of the strong performance, the company raised its full-year adjusted EPS guidance to $14.45–$14.65 and lifted its revenue growth forecast to about 3%; the stock climbed roughly 25% to a new 52-week high. » Altro su deraktionaer.de

In the second quarter Crocs generated revenue of $1.179 billion and earnings of $4.55 per share, comfortably beating analyst expectations. Management raised its full-year guidance and increased the share buyback program to roughly $2.0 billion. Board member Thomas Smach made sizable insider purchases, further stoking buying interest. » Altro su finanzen.net