Financial

Crocs lowers outlook, stock price takes hit

By Bob McGee 2022-08-05T07:31:00

crocs

Crocs, Inc. lowered its annual revenue guidance and reported a significant decline in its Q2 operating margin, factors which contributed to a nearly 14 percent decline in its stock price early today. The company is now forecasting 14 to 17 percent constant currency revenue growth for its Crocs brand (10 ...

You’ve read your 2 free articles this month

Register  a free account or login  to unlock 3 more articles each week

SIGN-IN if you are already a subscriber of SGI Europe.

Gated access promo

Register today and unlock 3 more articles each week

See what industry leaders read every day:

  • Curated industry intelligence  you won’t find anywhere else—selected from 500+ sources
  • Exclusive interviews, case studies, and consumer insights  on emerging markets and trends
  • Expert analysis  on corporate moves, financials, retail trends, regulation, and innovation
  • The Daily Digest —essential sporting goods news delivered every morning

Register for free

Already a subscriber? Sign in

Ready for unlimited coverage?

Upgrade to Professional or Premium for unlimited access to exclusive reports,
C-suite interviews, market analysis, and industry-wide research—with team licensing included.

Compare subscription plans

Already registered? Sign in here