Crocs (CROX) Tops Q1 EPS by 5c, Sales Beat; Q2 Guide Below View
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Crocs, Inc. Reports First Quarter 2017 Revenues and Gross Margin Exceeding Guidance; Introduces Second Quarter 2017 Guidance and Updates Full Year Outlook
May 10, 2017 7:00 AM EDTNIWOT, Colo., May 10, 2017 (GLOBE NEWSWIRE) -- Crocs, Inc. (NASDAQ: CROX) a world leader in innovative casual footwear for men, women and children, today announced its financial results for the first quarter of 2017. These results cover the three months ended March 31, 2017, and are compared to the three months ended March 31, 2016.
Gregg Ribatt, Chief Executive Officer, said, During the first quarter of 2017, we continued to execute against our strategic plan to strengthen the Company and brand. Customers responded favorably to our Spring/Summer 2017 product, enabling us to achieve revenues that exceeded our guidance,... More
