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Crocs: 2Q Earnings Snapshot

August 1, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CROX at https://www.zacks.com/ap/CROX

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