Charges And Sales Drops In Europe And The Usa Cause A Big Loss For Crocs

2008-11-26T00:00:00

Analysts who believed in Crocs’ continued success through product and brand extensions, foreign development and acquisitions were disappointed by its latest sales and profit report. The company had a net loss of $148 million in its third quarter, and it included $104.1 million in restructuring, impairment and inventory write-down charges. ...

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