Why Crocs (CROX) Stock Is Up 12% in Pre-Open
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Crocs, Inc. Reports Record Third Quarter Revenues
October 21, 2021 7:00 AM EDTBROOMFIELD, Colo., Oct. 21, 2021 /PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX), a world leader in innovative casual footwear for women, men, and children, today announced its third quarter 2021 financial results.
"Our third quarter was exceptional, underscored by 73% revenue growth over 2020 and industry-leading operating margin of 32%," said Andrew Rees, Chief Executive Officer. "Globally, our teams are managing through the supply chain disruptions to mitigate the impact on our business. Despite the temporary disruptions, we expect 2022 revenues to grow over 20% from 2021 fueled by the strength of our brand and consumer demand... More
