Crocs: 2Q Earnings Snapshot
NIWOT, Colo. (AP) _ Crocs Inc. (CROX) on Thursday reported second-quarter net income of $39.2 million.
The Niwot, Colorado-based company said it had net income of 55 cents per share.
The footwear company posted revenue of $358.9 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $357.2 million.
For the current quarter ending in October, Crocs said it expects revenue in the range of $295 million to $305 million. Analysts surveyed by Zacks had expected revenue of $352.5 million.
Crocs shares have decreased 12% since the beginning of the year. The stock has climbed 26% in the last 12 months.