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

    Denver International Western/English Apparel & Equipment

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

    WESA Trade Shows

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

    Dallas Apparel & Accessories Market

  • Aug
    19
    Aug 19-Aug 21, 2026 | MINNEAPOLIS, United States

    Outdoor Retailer

Related Organizations

  • NSRA - National Shoe Retailers Association

    NSRA - National Shoe Retailers Association

    United States
  • FIT - Fashion Institute of Technology

    FIT - Fashion Institute of Technology

    United States
  • SSIA - Shoe Service Institute of America

    SSIA - Shoe Service Institute of America

    United States
  • PLC - Pensole Lewis College of Business & Design

    PLC - Pensole Lewis College of Business & Design

    United States