Crocs Has Huge Loss On Forex Losses, Margin Erosion

2009-02-27T00:00:00

The net loss was $33.2 million against income of $38.3 million for the final quarter ended Dec. 31 as sales plunged by 43.9 percent to $126.1 million. While that was higher than what analysts forecast (sales of $100 million to $120 million), it nonetheless closes out a disastrous year for ...

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