Crocs Inc. Reports First Quarter 2015 Financial Results

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Piper Jaffray 'Encouraged' on Crocs (CROX) After Q1 Call

May 8, 2015 11:34 AM EDT

Piper Jaffray reiterates their Neutral rating on Crocs, Inc. (NASDAQ: CROX), and maintains their price target at $13, following the company's Q1 call. CROX reported that their gross margin was up 100 bps in Q1, and is showing potential to be up 100bps in... More

Crocs (CROX) Posts Q1 GAAP Loss of 8c/Share

May 8, 2015 7:31 AM EDT

Crocs (NASDAQ: CROX) reported Q1 EPS of ($0.08), $0.06 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $262.2 million versus the consensus estimate of $262.55 million.

As outlined in detail in the non-GAAP reconciliations set forth later in this press release, the company recorded $10.7 million in non-recurring and special charges in the first quarter of 2015 compared with... More