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Crocs Reports Steady Revenue Amid Trade Uncertainties

5/9/2025

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Story summary
  • Crocs, Inc. reported first-quarter 2025 revenues of $937 million, unchanged year-over-year but up 1.4% in constant currency.
  • The Crocs brand grew 2.4% to $762 million, while HEYDUDE saw a 9.8% decline to $176 million.
  • Global trade uncertainties led Crocs to withdraw its full-year 2025 guidance.
  • Adjusted earnings per share reached $3.00, surpassing estimates, with a 3% increase in gross profit.
  • The company repurchased $61 million in shares, reflecting a strong balance sheet.