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Crocs

Global revenues were $331.5 million, declining 7.6% from the second quarter of 2019, or 6.0% on a constant currency basis.

Verified 25 Oct 2026 · occurred 30 Jul 2020

Detail

full year sales: “However, excluding the impact of any future shutdowns in major markets for full year 2020, we expect: • Revenue: Revenue for the remainder of 2020 to be approximately flat compared to the back-half of 2019 • Tax: A tax rate of 11% for 2020 • Inventory: Inventory to be constrained throughout the remainder of 2020 reflecting our decision to significantly reduce inventory purchases as a result of the pandemic • Capital Expenditures: Approximately $50 million, which reflects investment to support future growth that we had previously deferred 3 Conference Call Information: A conference call to discuss second quarter 2020 results is scheduled for today, Thursday, July 30, 2020 at 8:30 am ET.”

Type
Earnings
Category
Financial

Crocs record

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