Tag: $Crocs

The company posted adjusted earnings per share of $3.69, beating the analyst consensus of $3.30 by $0.39. Revenue reached $1.04 billion,

Shares of Crocs jumped toward a six-month high in early Thursday trading, after the casual-shoe and slipper maker reported fourth-quarter revenue that beat expectations by a wide margin, thanks to a strong holiday performance by its namesake brand.

Crocs posted higher-than-expected results in its fourth quarter led in part by stability at its Heydude brand that has struggled recently, bolstering confidence that turnaround efforts are panning out.