From Financial Modeling Prep: 2025-05-08 12:24:00

Crocs (NASDAQ:CROX) exceeded Q1 expectations, with earnings of $3.00 per share surpassing the $2.49 forecast. Revenue hit $937 million, up 1.4% YoY on a constant currency basis, beating the $907.9 million consensus. Gross margin expanded to 57.8%, driven by improved product mix. Direct-to-consumer revenue grew 3.5%.

Despite strong results, Crocs withdrew its full-year 2025 guidance due to global trade policy uncertainty. CEO Andrew Rees highlighted the challenges of forecasting demand in the current environment. The decision reflects caution in the retail sector amidst economic and geopolitical shifts, despite the company’s solid operational performance.



Read more at Financial Modeling Prep:: Crocs Shares Rise 10% on Q1 Beat, Pulls 2025 Forec…