Crocs Inc CEO guides revenue to up 10% in the third quarter of 2020. Year to year improvement to indicate $344 million versus $310 million, previously expected.

  • Andrew Rees, President, and CEO: “As a brand, we have proven resilient in the face of adversity and are emerging from the COVID-19 crisis with tremendous optimism,” 
  • Crocs have experienced high consumer demand and strong sell-throughs and expect 10% revenue growth of approximately in the third quarter and anticipate their business continuing to strengthen. 
  • “We remain focused on setting ourselves up for a successful 2021 and are confident in our ability to deliver sustainable, profitable growth for years to come.” – CEO said.

Crocs Inc (NASDAQ: CROX) sold more than 300 million pairs of shoes in more than 90 countries globally, since 2002 company invention.