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

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Crocs (CROX) Misses Q2 EPS by 5c; Guidance Falls Short

August 3, 2016 7:31 AM EDT

Crocs (NASDAQ: CROX) reported Q2 EPS of $0.13, $0.05 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $323.8 million versus the consensus estimate of $348.46 million.

Gregg Ribatt, Chief Executive Officer, said: Despite a decline in our revenue, I am encouraged... More