Crocs (CROX) Sees FY23 Revenue Slightly Higher Than Consensus

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Crocs (CROX) jumps as 2023 revenue expected to top expectations

January 8, 2024 8:00 AM EST

Crocs (NASDAQ: CROX) shares are rallying premarket after saying it now expects record 2023 revenues, above the analyst consensus expectation.

The company sees 2023 revenues of approximately $3.95 billion, representing over 11% growth compared to 2023. The consensus estimate for CROX's FY23 revenue is $$3.93 billion. That number is also at the high end of the company's guidance of 10% to 11% growth.

At the time of writing, Crocs shares are up more than 7% premarket,... More