Crocs (CROX) PT Cut to $8 at Piper Jaffray Amid Weak Q2, Outlook

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Go back to Crocs (CROX) PT Cut to $8 at Piper Jaffray Amid Weak Q2, Outlook

Crocs, Inc. Reports Second Quarter 2016 Financial Results

August 3, 2016 7:30 AM EDT

NIWOT, Colo., Aug. 03, 2016 (GLOBE NEWSWIRE) -- Crocs, Inc. (NASDAQ: CROX) today reported financial results for the three months ended June 30, 2016.

Second Quarter Highlights:

 Revenue decreased 6.3% to $323.8 million compared to the three months ended June 30, 2015. On a constant currency basis, revenue decreased 6.2%.  Net income attributable to common stockholders on a GAAP basis increased 21.1% to $11.7 million or $0.13 per diluted share, compared to the three months ended June 30, 2015.

Gregg Ribatt, Chief Executive Officer,... More