Crocs, Inc. Reports Second Quarter 2014 Financial Results, Announces Strategic Plan for Driving Business Improvement
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Crocs, Inc. (CROX) Reports Q2 EPS of $0.36; Debuts New Strategic Plan
July 22, 2014 7:07 AM EDTCrocs, Inc. (Nasdaq: CROX) reported Q2 EPS of $0.36, versus $0.48 reported last year. Revenue for the quarter came in at $376.93 million, versus $363.83 million reported last year.
Crocs, Inc. sees Q3 2014 revenue of $300-305 million, versus the consensus of $236.5 million.
Strategic Performance Improvement Initiatives Underway
The company undertook a comprehensive strategic review of the business and its operations globally and identified four key areas of opportunity in the business.
First, Crocs intends to focus on its core molded footwear heritage, as well as develop innovative casual footwear platforms. The company will streamline... More
