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India

Crocs Inc (CROX.OQ)

CROX.OQ on NASDAQ Stock Exchange Global Select Market

35.90USD
2 Jul 2020
Change (% chg)

$0.49 (+1.38%)
Prev Close
$35.41
Open
$36.12
Day's High
$36.98
Day's Low
$35.71
Volume
394,172
Avg. Vol
600,951
52-wk High
$43.77
52-wk Low
$8.40

Latest Key Developments (Source: Significant Developments)

Crocs Q4 Loss Per Share $1.72
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Crocs Inc ::CROCS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS; FOURTH QUARTER REVENUES INCREASED 8.5%; 2018 REVENUES INCREASED 6.3% AND INCOME FROM OPERATIONS INCREASED 263.1%; RAISES 2019 REVENUE GUIDANCE.Q4 LOSS PER SHARE $1.72.Q4 ADJUSTED NON-GAAP LOSS PER SHARE $0.10.SEES FY 2019 REVENUE UP 5 TO 7 PERCENT.Q4 REVENUE $216 MILLION VERSUS REFINITIV IBES ESTIMATE OF $213.2 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $-0.24 -- REFINITIV IBES DATA.SEES Q1 2019 REVENUE $280 MILLION TO $290 MILLION.ANTICIPATES REVENUES FOR Q1 OF 2019 WILL BE NEGATIVELY IMPACTED BY APPROXIMATELY $6 MILLION DUE TO STORE CLOSURES.SEES Q1 GROSS MARGIN TO BE APPROXIMATELY 45.5% COMPARED TO 49.4% IN Q1 OF 2018..SEES 2019 CAPITAL EXPENDITURES TO BE ABOUT $65 MILLION, COMPARED TO $12.0 MILLION IN 2018.SEES 2019 REVENUES TO BE UP 5% TO 7% OVER 2018 REVENUES OF $1,088.2 MILLION.SEES 2019 GROSS MARGIN OF APPROXIMATELY 49.5% COMPARED TO 51.5% IN 2018.SEES 2019 REVENUES NEGATIVELY IMPACTED BY ABOUT $20 MILLION RESULTING FROM STORE CLOSURES & AND ABOUT $20 MILLION OF CURRENCY CHANGES.FY2019 REVENUE VIEW $1.14 BILLION -- REFINITIV IBES DATA.Q1 REVENUE VIEW $293.3 MILLION -- REFINITIV IBES DATA.  Full Article

Crocs Announces Repurchase & Conversion Of Convertible Preferred Stock Owned By Blackstone
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Crocs Inc ::CROCS, INC. ANNOUNCES REPURCHASE AND CONVERSION OF CONVERTIBLE PREFERRED STOCK OWNED BY BLACKSTONE; TRANSACTION INCREASES PRO-FORMA YTD 2018 EPS APPROXIMATELY $0.18 OR 30%.SEES FY 2018 REVENUE UP 4 TO 5 PERCENT.SEES Q4 2018 REVENUE $195 MILLION TO $205 MILLION.PARTIES ENTER INTO LOCK-UP AGREEMENT.Q4 AND FULL YEAR 2018 GUIDANCE REAFFIRMED.WILL REPURCHASE HALF OF OUTSTANDING PREFERRED SHARES, REPRESENTING APPROXIMATELY 6.9 MILLION COMMON SHARES ON AN AS-CONVERTED BASIS.AS PART OF AGREEMENT, CO WILL PAY BLACKSTONE A ONE-TIME ADDITIONAL PAYMENT OF $15.0 MILLION.WILL INCUR $15.5 MILLION OF NON-RECURRING CASH CHARGES ASSOCIATED WITH TRANSACTION.AS PART OF AGREEMENT, BLACKSTONE'S RIGHT TO NOMINATE FUTURE DIRECTORS WILL BE REDUCED FROM 2 TO 1.SEES 2019 REVENUES MID-SINGLE DIGIT INCREASE OVER 2018 REVENUES.TRANSACTION WILL BE FINANCED USING CASH ON HAND WITH BALANCE COMING FROM CO'S SENIOR REVOLVING CREDIT FACILITY.IN CONNECTION WITH TRANSACTION, CREDIT FACILITY WAS INCREASED TO $250 MILLION, WITH SIMILAR TERMS.ANTICIPATE THAT E-COMMERCE AND WHOLESALE GROWTH WILL MORE THAN OFFSET LOWER RETAIL REVENUES IN 2019.FY2018 REVENUE VIEW $1.07 BILLION -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $1.13 BILLION -- REFINITIV IBES DATA.WILL REPURCHASE ABOUT 6.9 MILLION COMMON SHARES ON AN AS-CONVERTED BASIS, FOR $183.7 MILLION, OR $26.64 PER SHARE.BLACKSTONE WILL IMMEDIATELY CONVERT ITS REMAINING PREFERRED SHARES INTO ABOUT 6.9 MILLION SHARES OF CO'S COMMON STOCK.  Full Article

Crocs Reports Third Quarter Earnings Per Share $0.07
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Crocs Inc ::CROCS, INC. REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $0.07.SEES FY 2018 REVENUE UP 4 TO 5 PERCENT.SEES Q4 2018 REVENUE $195 MILLION TO $205 MILLION.Q3 REVENUE $261.1 MILLION VERSUS I/B/E/S VIEW $246.4 MILLION.Q3 EARNINGS PER SHARE VIEW $-0.02 -- THOMSON REUTERS I/B/E/S.EXPECTS A MID-SINGLE DIGIT INCREASE OVER 2018 REVENUES FOR 2019.CROCS - SEES E-COMMERCE & WHOLESALE GROWTH TO MORE THAN OFFSET LOWER RETAIL REVENUE RELATED TO REDUCED STORE COUNT, TO REDUCE REVENUE BY ABOUT $25 MILLION IN 2019.SEES FY 2018 INCOME FROM OPERATIONS TO BE SLIGHTLY UNDER $60 MILLION.  Full Article

Crocs Inc Reaffirms Third Quarter And 2018 Guidance
Friday, 31 Aug 2018 

Aug 30 (Reuters) - Crocs Inc ::CROCS, INC. REAFFIRMS THIRD QUARTER AND 2018 GUIDANCE; ANNOUNCES PARTICIPATION IN THE GOLDMAN SACHS 25TH ANNUAL GLOBAL RETAILING CONFERENCE.SEES Q3 2018 REVENUE $240 MILLION TO $250 MILLION.FY2018 REVENUE VIEW $1.05 BILLION -- THOMSON REUTERS I/B/E/S.Q3 REVENUE VIEW $246.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

BRIEF-Crocs Reports Q1 Earnings Per Share Of $0.16

* Q1 EARNINGS PER SHARE ESTIMATE $0.36 -- REFINITIV IBES DATA