World Footwear

Companies

2020 should be Crocs' best year

Jan 13, 2021 United States
2020 should be Crocs' best year
The brand of casual footwear for women, men, and children, known by its clogs, raised its 2020 revenue guidance and expects accelerated full year 2021 revenue growth of 20% to 25%\n
"Amidst a global pandemic in 2020, we will deliver the strongest revenue in Crocs' history", stated Andrew Rees, Chief Executive Officer, adding: "Our brand momentum is exceptional, and we anticipate another record year in 2021. We remain focused on continuing to deliver sustainable, profitable growth for years to come."

Revenue Outlook

Fourth quarter 2020 revenue is expected to increase approximately by 55% to be between 407 and 410 million US dollars. This is up from the previous guidance range of 20% to 30% growth. Full year 2020 revenue to grow over 12%, up from recent guidance of approximately 5% to 7% growth. Record revenue should be between 1 381 and 1 384 million US dollars for full year 2020. Accelerated full year 2021 revenue growth of 20% to 25%, as compared to 2020.



Related Events

  • Aug
    15
    Aug 15-Aug 17, 2026 | Atlanta, United States

    The Atlanta Shoe Market

  • Aug
    16
    Aug 16-Aug 18, 2026 | Chicago, United States

    Mix Chicago Apparel & Gift Show

  • Aug
    18
    Aug 18-Aug 21, 2026 | Denver, United States

    Denver International Western/English Apparel & Equipment

  • Aug
    18
    Aug 18-Aug 21, 2026 | Dallas, United States

    Dallas Apparel & Accessories Market

Related Organizations

  • Chicago School of Shoemaking & Leather Arts

    Chicago School of Shoemaking & Leather Arts

    United States
  • FDRA - Footwear Distributors and Retailers of America

    FDRA - Footwear Distributors and Retailers of America

    United States
  • Brooklyn Shoe Space

    Brooklyn Shoe Space

    United States
  • The Atlanta Shoe Market

    The Atlanta Shoe Market

    United States