CROX Earnings Prediction
The chart below shows how CROX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CROX sees a +2.37% change in stock price 10 days leading up to the earnings, and a +2.94% change 10 days following the report. On the earnings day itself, the stock moves by +0.14%. This data can give you a slight idea of what to expect for the next quarter's release.
CROX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.06B
1.58%
-4.44%
Gross Margin
59.63%
7.21%
-2.80%
Operating Margin
25.40%
-3.02%
-13.34%
Net Margin
18.81%
11.10%
-8.64%
EPS
3.36
17.07%
-10.88%
No Data Available
CROX Earnings Analysis
Crocs, Inc. Corporation (CROX.O) Earnings Conference Call
Positive
Revenue Growth Overview: Consolidated enterprise revenues of $1.1 billion grew 2% to prior year, led by 5% growth in DTC.
Brand Growth Overview: Croc's brand grew 8%, with international up 17% and North America up 2%.
Earnings Per Share Increase: Adjusted diluted EPS of $3.60 as a share increased 11%.
Brand Revenue Growth: Croc's brand revenues were $858 million, growing 8% to prior year, with DTC and wholesale each growing 8%.
Digital ASP Increase: Our digital ASPs were up 10% to last year and we saw improving weeks of supply across our key strategic accounts.
Negative
Revenue Performance Overview: Consolidated enterprise revenues of $1.1 billion grew 2% to prior year, led by 5% growth in DTC, but Hey Dude revenues contracted 17%, slightly below expectations.
Earnings Performance Analysis: Adjusted diluted EPS of $3.60 as share increased 11%, but the overall performance was below guidance expectations.
Revenue Growth and Pricing Pressure: Croc's brand revenues were $858 million, growing 8% to prior year, but brand ASPs decreased 3% to $26.48, indicating pricing pressure.
International Revenue Growth Analysis: Overall international revenues grew 17% versus prior year, but North American revenues grew only 2%, indicating a slowdown in the key market.
Operating Margin Decline: The third quarter adjusted operating margin was 25.4%, down 290 basis points from 28.3% in the prior year, driven by planned investments and SG&A.
CROX FAQs
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CROX Earning Call Sentiment
Crocs, Inc. (CROX) Q3 2024 Earnings Call Transcript
1.0x
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CROX.O
20.32%Positive
The earnings call presents mixed signals. While Crocs brand revenues grew and adjusted EPS increased, HEYDUDE revenues contracted significantly, indicating challenges. Share buybacks are a positive factor, but regulatory and supply chain issues pose risks. The Q&A highlights uncertainties in North America and HEYDUDE's profitability. Despite improved gross margins, the shift to brand marketing has short-term negative impacts. Overall, the market may react neutrally, balancing positive financial metrics with concerns about strategic shifts and regional challenges.
