×
73 928
Fashion Jobs
SACK OFF 5TH
Asset Protection Investigator
Permanent · NAPLES
SACK OFF 5TH
Asset Protection Investigator
Permanent · ESTERO
SACK OFF 5TH
Asset Protection Guard
Permanent · MIAMI
SACK OFF 5TH
Asset Protection Guard
Permanent · SUNRISE
SACK OFF 5TH
Asset Protection Investigator
Permanent · SUNRISE
SACK OFF 5TH
Asset Protection Guard
Permanent · SUNRISE
SACK OFF 5TH
Asset Protection Guard
Permanent · SUNRISE
UNDER ARMOUR
Stock Teammate, Part-Time 5am Shift, $15 Per Hour
Permanent · MIAMI
VF CORPORATION
The North Face: Public Relations Manager, Lifestyle And Influencer Marketing
Permanent · Denver
THE REALREAL
Loss Prevention Agent
Permanent · Secaucus
THE REALREAL
Loss Prevention Security Guard
Permanent · Secaucus
URBN
Urbn Information Security Engineer
Permanent · PHILADELPHIA
URBN
Terrain Visual Manager - Doylestown, PA - Opening Soon
Permanent · DOYLESTOWN
BATH & BODY WORKS
Senior Buyer, Ariba Technology Management
Permanent · COLUMBUS
GAP
General Manager- Main st- Freeport
Permanent · FREEPORT
OLD NAVY
Assistant General Manager, Customer Operations - Las Americas
Permanent · SAN DIEGO
PAUL SMITH
Visual Merchandising Manager
Permanent · NEW YORK
URBN
Nuuly Senior Associate, Growth Marketing - Paid Search
Permanent · PHILADELPHIA
SACK OFF 5TH
Asset Protection Investigator
Permanent · LAWRENCEVILLE
SACK OFF 5TH
Asset Protection Investigator
Permanent · SUNRISE
COLUMBIA
Associate Product Line Manager - Men's Sportswear
Permanent · PORTLAND
COLUMBIA SPORTSWEAR COMPANY
Information Security Risk And Compliance Analyst
Permanent · SALEM
Published
Nov 4, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Crocs posts record-breaking sales, strong gains across all brands, channels

Published
Nov 4, 2022

U.S. footwear giant Crocs Inc. announced on Thursday record-breaking revenues for the recently ended third quarter, on the back of double-digit sales growth across all brands and channels.


Looking ahead, Crocs said it now expects 2022 consolidated revenues to be approximately $3.455 to $3.520 billion, representing growth between 49% and 52%, compared to 2021 - Crocs


The Broomfield, Colorado-based company reported consolidated revenues of $985.1 million for the quarter ending September 30, an increase of 57.4%, compared to 2021.

Crocs brand quarterly revenues were $715.7 million, up14.3%, while direct-to-consumer comparable sales increased 18.2%. Crocs brand international revenues grew 43.7%, and North America direct-to-consumer comparable sales rose 13%, as compared to 2021.

HeyDude brand revenues surged 87% to $269.4 million, the company added.

Company net income grew to $169.3 million, compared to $153.5 million in the prior-year quarter, while diluted earnings per share were $2.72, as compared to $2.42 during the same period last year. 

​"Our exceptional third quarter results, including record revenue and industry-leading adjusted operating margin of 28% are a testament to the strength of the Crocs and HeyDude brands," said Andrew Rees, chief executive officer.

"We are raising 2022 guidance following our strong back-to-school performance and 20% constant currency revenue growth in the Crocs brand. We are confident in our ability to continue to gain significant market share, deliver best-in-class profitability, and generate strong cash flow."

Looking ahead, Crocs said it now expects 2022 consolidated revenues to be approximately $3.455 to $3.520 billion, representing growth between 49% and 52%, compared to 2021.
 

Copyright © 2023 FashionNetwork.com All rights reserved.