— 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
Next.e.GO Mobile has a unique, innovative production strategy: Chairman Ali Vezvaei
Next.e.GO Mobile SE is a manufacturer of electric vehicles for urban mobility, with a mission to provide convenient and cost-effective transportation solutions. Founded in Germany, Next.e.GO Mobile built its first
What to look for when Darden Restaurants (DRI) reports Q3 earnings
The American restaurant industry has almost returned to normal now, after months of disruption that made people stop eating out and choose home delivery. The companies are currently busy enhancing
Lennar Corp. (LEN): What is the homebuilder’s strategy in the current environment?
Shares of Lennar Corporation (NYSE: LEN) were down on Friday. The stock has gained 14% year-to-date and 12% over the past 12 months. The company delivered better-than-expected results for its