World Footwear

Companies

Crocs posts revenue growth

May 11, 2016 United States
Crocs posts revenue growth
In the first quarter, revenue increased by 6.5%, totaling 279.1 million US dollars. On a constant currency basis, revenue increased by 9.2% compared to similar period last year
Gregg Ribatt, Chief Executive Officer, stated: “We are pleased with our start to the new year. First quarter revenue increased by 6.5% driven by the positive response to our spring/summer 2016 line and operational improvements.”

In the first quarter of 2016, the company reported GAAP net income attributable to common stockholders of 6.4 million US dollars, compared with 6.0 million US dollars in similar period last year.

Crocs expects second quarter 2016 revenue to be in the range of 340 to 350 million US dollars, with revenue growth in the mid-single digits, on a constant currency basis, in the first half of the year compared to the first half of 2015.

Related Events

  • Jan
    21
    Jan 21-Jan 24, 2026 | Denver, United States

    Denver International Western/English Apparel & Equipment

  • Jan
    21
    Jan 21-Jan 24, 2026 | Colorado, United States

    WESA Trade Shows

  • Jan
    24
    Jan 24-Jan 26, 2026 | Livonia, United States

    Michigan Shoe Market

  • Jan
    25
    Jan 25-Jan 27, 2026 | Chicago, United States

    Mix Chicago Mart

Related Organizations

  • Fashion Design Office

    Fashion Design Office

    United States
  • Council of Fashion Designers of America, Inc.

    Council of Fashion Designers of America, Inc.

    United States
  • SSIA - Shoe Service Institute of America

    SSIA - Shoe Service Institute of America

    United States
  • ALCA - American Leather Chemists Association

    ALCA - American Leather Chemists Association

    United States