Crocs’ management told investment analysts at the ICR Conference that it is expecting to report a sales increase of more than 12 percent for the 2020 financial year, up from a previous guidance of 5 to 7 percent. In the fourth quarter alone, the growth rate reached a level of around 55 percent, resulting in revenues of between $407 and $410 million for the period. Mentioning an “exceptional” brand momentum, the company’s CEO, Andrew Rees, predicted that the growth rate will accelerate to between 20 and 25 percent in 2021.