Crocs (CROX) Tops Q4 EPS by 14c, Q1 Revenue Guidance Comes in Light
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Crocs, Inc. Reports Fourth Quarter and Full Year 2018 Results; Fourth Quarter Revenues Increased 8.5%; 2018 Revenues Increased 6.3% and Income from Operations Increased 263.1%; Raises 2019 Revenue Gui
February 28, 2019 7:00 AM ESTNIWOT, Colo.--(BUSINESS WIRE)-- Crocs, Inc. (NASDAQ: CROX), a world leader in innovative casual footwear for men, women, and children, today announced its fourth quarter and full year 2018 financial results.
Andrew Rees, President and Chief Executive Officer, said, "Our fourth quarter results contributed to what was a very successful year. We had record revenues in many key markets, with the U.S. market leading the way. We have hit multi-year highs in revenues and gross margin, while at the same time significantly reducing our SG&A run rate. Global... More
