FMP
Jan 11, 2023(Last modified: Dec 19, 2023)
Crocs, Inc. (NASDAQ:CROX) preannounced strong Q4 results and provided a solid full-year outlook. The company expects Q4 revenue growth of 60% year-over-year, which is a healthy upside to the previous guidance of 45-55%.
The company anticipates record 2022 revenues of around $3.55 billion (up 53% year-over-year), compared to the Street estimate of $3.51 billion.
For fiscal 2023, the company expects revenue growth in the range of 10%-13% year-over-year, resulting in revenues of $3.9-$4.0 billion.
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