Welcome to our dedicated page for Crocs news (Ticker: $CROX), a resource for investors and traders seeking the latest updates and insights on Crocs stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Crocs's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Crocs's position in the market.
Crocs, Inc. reported a 6% increase in first-quarter revenue, reaching a record $939 million, with diluted EPS up 5% to $2.50 and adjusted diluted EPS up 16% to $3.02. The fiscal year 2024 adjusted diluted earnings per share guidance was raised, driven by the strength of the Crocs brand. The company experienced growth in both North American and international markets, with significant improvements in gross margins. However, revenue expectations for the HEYDUDE brand were reduced for the year.
Crocs, Inc. has appointed Susan Healy as the Executive Vice President and Chief Financial Officer, effective June 3, succeeding Anne Mehlman. Healy brings over three decades of financial and operational leadership experience to the company, having served in various senior financial roles in reputed organizations. She will be responsible for financial planning, accounting, investor relations, tax, internal audit, and corporate development. Healy aims to drive profitable growth and deliver top-tier total shareholder returns for Crocs, Inc.