Categories Earnings, Retail

Crocs, Inc. (CROX): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

—  Crocs, Inc. (NASDAQ: CROX) reported earnings of $0.12 per share in the fourth quarter of 2019, vs $0.07 per share expected.

— Q4 revenue rose 21.8% to $263 million, vs. $260.8 million expected. Wholesale revenues grew 22.4%, e-commerce revenues rose 34.3%, and retail comparable store sales jumped 16%.

— For the first quarter of 2020, the company expects revenues between $305 and $325 million and operating margin of 9-12%. The outlook takes into account the disruption caused due to coronavirus outbreak. 

— For the full year 2020, revenues are projected to increase by 8-12%. Operating margin is expected between 11% and 13%. 

— CROX shares were slightly trading higher immediately following the announcement. 

Listen to on-demand earnings calls and hear how management responds to analysts’ questions

Most Popular

General Mills (GIS) Q4 Earnings: Key financials and quarterly highlights

General Mills Inc. (NYSE: GIS) reported fourth quarter 2022 earnings results today. Net sales increased 8% year-over-year to $4.9 billion. Organic net sales rose 13%. Net earnings attributable to General

KB Home (KBH): A look at the homebuilder’s expectations for the year

Shares of KB Home (NYSE: KBH) have dropped 35% year-to-date and 28% over the past 12 months. Last week, the company reported second quarter 2022 earnings results that surpassed expectations

Trade Desk’s stock can strengthen your investment portfolio. Here’s why

Trade Desk, Inc. (NASDAQ: TTD) has remained a much sought-after demand-side platform despite challenging market conditions and growing inflationary pressure, but its stock suffered heavy selling in recent months. The

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top