BUZZ-Crocs surges after beating Q4 estimates on strong demand

Reuters
02-13
BUZZ-Crocs surges after beating Q4 estimates on strong demand

** Casual footwear maker Crocs' CROX.O shares jump nearly 19% to $105.49 premarket

** Company posts Q4 consol revenue of $990 million, beating estimates of $961.92 million - data compiled by LSEG

** Says sales driven by outperformance in North American business as well as growth in China

** Adjusted earnings per share of $2.52 also above expectations

** Expects 2025 revenue growth of about 2% to 2.5%, compared with analysts' expectations of 2.2%, pressured by a forecasted 7% to 9% decline in Heydude brand

** "We are taking a prudent approach to how we shape 2025 guidance for Heydude as we focus on reigniting the brand" - CEO Andrew Rees

** Stock gained 17% in 2024

(Reporting by Savyata Mishra in Bengaluru)

((Savyata.Mishra@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10