Crocs (CROX) Tops Q2 EPS by 4c

Crocs (NASDAQ: CROX) reported Q2 EPS of $0.35, $0.04 better than the analyst estimate of $0.31. Revenue for the quarter came in at $328 million versus the consensus estimate of $321.76 million.

GUIDANCE:

Crocs sees Q3 2018 revenue of $240-250 million, versus the consensus of $243.67 million.

• Revenues to increase low single digits over 2017 revenues of $1,023.5 million, as we expect double digit e-commerce growth and moderate wholesale growth to more than offset lower retail revenues due to operating fewer stores and business model changes.

For earnings history and earnings-related data on Crocs (CROX) click here.

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