World Footwear

Companies

Crocs increases fourth quarter guidance

Jan 8, 2018 / United States
Crocs increases fourth quarter guidance
The US-based casual footwear company has updated its guidance for the fourth quarter and full year ended on the 31st of December. Crocs is more optimistic about its performance
Crocs is increasing its previous fourth quarter revenue guidance from between 180 million US dollars and 190 million US dollars million to between 195 million US dollars and 198 million US dollars, which approximates 5% growth over the prior year’s fourth quarter revenue of 187.4 million Us dollars.

The clogs company is also increasing its fourth quarter expected gross margin guidance by 200 basis points from approximately 43% to approximately 45%, which is a 300-basis point increase over the prior year’s fourth quarter gross margin.

Crocs continues to expect full year 2017 revenue to be down low single digits compared to 1.036 billion US dollars in 2016. Still, Crocs continues to expect gross margin for 2017 to be approximately 50%.



Related Events

  • Jan
    21
    Jan 21-Jan 23, 2018 | New York, United States

    MRket NY

  • Jan
    25
    Jan 25-Jan 28, 2018 | Denver, United States

    Outdoor Retailer

  • Feb
    4
    Feb 4-Feb 6, 2018 | Chicago, United States

    Chicago Collective

  • Feb
    6
    Feb 6-Feb 8, 2018 | New York, United States

    FFANY - Shoe Show

Related Organizations

  • Two Ten Footwear Foundation

    Two Ten Footwear Foundation

    United States
  • Pensole Footwear Design Academy

    Pensole Footwear Design Academy

    United States
  • NSRA - National Shoe Retailers Association

    NSRA - National Shoe Retailers Association

    United States
  • AAFA - American Apparel & Footwear Association

    AAFA - American Apparel & Footwear Association

    United States