Crocs (CROX) Posts Q3 GAAP Loss of 37c/Share; New CFO Named

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Go back to Crocs (CROX) Posts Q3 GAAP Loss of 37c/Share; New CFO Named

Carrie Teffner Named Chief Financial Officer of Crocs, Inc.

November 5, 2015 7:31 AM EST

NIWOT, Colo., Nov. 5, 2015 (GLOBE NEWSWIRE) -- Crocs, Inc. (NASDAQ: CROX) today announced that Carrie Teffner has been named executive vice president, chief financial officer of Crocs, Inc. and is expected to join the company on December 16, 2015.

Teffner, who was appointed to Crocs' board of directors in June 2015, brings more than 25 years of consumer goods and retail leadership experience to the company. Prior to joining Crocs' board of directors, she served as executive vice president and chief financial officer for PetSmart, where she supported the company's continued growth and evolution, including its... More

Carrie Teffner Named Chief Financial Officer of Crocs, Inc.

November 5, 2015 7:31 AM EST

NIWOT, Colo., Nov. 5, 2015 (GLOBE NEWSWIRE) -- Crocs, Inc. (NASDAQ: CROX) today announced that Carrie Teffner has been named executive vice president, chief financial officer of Crocs, Inc. and is expected to join the company on December 16, 2015.

Teffner, who was appointed to Crocs' board of directors in June 2015, brings more than 25 years of consumer goods and retail leadership experience to the company. Prior to joining Crocs' board of directors, she served as executive vice president and chief financial officer for PetSmart, where she supported the company's continued growth and evolution, including its... More

Crocs Inc. Reports Third Quarter 2015 Financial Results; Carrie Teffner Appointed CFO Effective December 16, 2015

November 5, 2015 7:30 AM EST

NIWOT, Colo., Nov. 5, 2015 (GLOBE NEWSWIRE) -- Crocs Inc. (NASDAQ: CROX) today reported financial results for the third quarter ended September 30, 2015.

Third Quarter Highlights:

Revenue was $274.1 million. On a constant currency basis, revenue decreased 0.8% as compared to the prior year. Net loss attributable to common stockholders on a GAAP basis was $27.8 million or a loss of $0.37 per share. Excluding certain non-recurring and special charges, the company reported a non-GAAP adjusted net loss attributable to common shareholders of $19.2 million.

Gregg Ribatt, Chief Executive Officer, said: "We... More