Crocs Reports Q1 Revenue of $921 Million Amid DTC Strength
Crocs reported first-quarter revenue of $921 million, with direct-to-consumer (DTC) performance offsetting planned wholesale declines. The Crocs brand saw a 2% decline in revenue while HEYDUDE fell by 13%. Adjusted EPS was flat at $2.99 year-over-year and exceeded expectations.
Tickers: $CROX
Topics: adjusted_eps buybacks earnings guidance inventory revenue