Crocs (CROX) Misses Q4 Views; Guides Below

Crocs (NASDAQ: CROX) reported Q4 EPS of ($0.60), which may note compare to the analyst estimate of ($0.35). Revenue for the quarter came in at $187.54 million versus the consensus estimate of $189.39 million.

GUIDANCE:

Crocs sees Q1 2017 revenue of $255-265 million, versus the consensus of $277.77 million.

First Quarter 2017 Outlook

• The company expects first quarter 2017 revenue to be between $255 and $265 million dollars.
• The company expects gross margin for the quarter to be approximately 200 basis points higher than first quarter 2016.
• The company expects Non-GAAP SG&A for the quarter to be moderately above prior year in absolute dollars.

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

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