Crocs' shares soar as quarterly results beat forecasts

2017-05-18T00:00:00

Crocs' stock price rose by 17 percent after it announced better-than-expected sales for the first quarter of the year. Revenues were down by 4.0 percent from the year-ago quarter to $267.9 million, or by 4.4 percent on a constant-currency basis. Wall Street expected revenues of $258 million. The decline came ...

SGIE Professional

Know what matters. And why

SGIE Professional gives you the analysis behind the news, what a move means for the market and what to watch next.

Try SGIE Professional

30 days for €1

Full Professional access for your first 30 days.

Start Your 30-Day Trial for €1

Single-user access for new subscribers

Access for Your Company

Need access for your team?

Give your organisation the right level of SGIE intelligence, from daily market coverage to deeper analysis and data.

Explore Subscriptions

Not ready to subscribe?

Get our free Daily Digest straight to your inbox.

Get the Daily Digest