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Crocs tops $1B in quarterly revenue for the first time

It was just a 0.4% bump, but the Crocs brand’s return to growth in North America snaps a losing streak of five straight quarters of declines, as measured by Needham analysts led by Tom Nikic. 

“Crocs enjoyed a strong sandal season, as well as successful clog innovations” like the Echo 2 and Crocband Runner

This won’t be the story for the whole year, but growth in North America remains a priority at both brands, CEO Andrew Rees told analysts.

“The second quarter continued to build on our strong start to the year as consumers responded positively to product newness and marketing activations across channels and geographies,” Rees said.

Crocs tops $1B in quarterly revenue for the first time | Retail Dive

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