Story perspectives
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.
