Uncertainty over trade and tariffs loom over this shoe maker.
Crocs reported Q2 results nearly in line with Wall Street's expectations. Total sales growth remained positive but moderate. The provided Q3 guidance is cause for significant concern. Sales and earnings are suddenly guided to decline sharply, related largely by Crocs' management to consumer weakness. There's more to the guided weakness. Crocs' brand equity has historically been volatile, and brand equity now seems to be moving the wrong way.
CROX posts record Q2 gross profit and EPS beat on strong brand execution, but projects a sales drop for Q3 amid tariff pressures.
Crocs stock (NASDAQ:CROX) has just taken a severe hit – down 30% following disappointing guidance and the announcement that they are reducing orders for the remainder of the year. While the stock may appear inexpensive at 7x forward earnings, there is a strong likelihood that this is not the lowest point.
Casual footwear company Crocs plans to reduce orders for the second half of the year. Shares of Crocs shed nearly 30% Thursday after the company issued the stark warnings.
Shares of Crocs lost more than a quarter of their value Thursday after the maker of brightly colored clogs said it expects tariffs to hurt current-quarter results.
Crocs, Inc. (NASDAQ:CROX ) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Andrew Rees - CEO, Director & Interim President for HEYDUDE Brand Erinn Elisabeth Murphy - Senior VP of Investor Relations & Corporate Strategy Susan L. Healy - Executive VP & CFO Conference Call Participants Adrienne Eugenia Yih-Tennant - Barclays Bank PLC Anna A.
Although the revenue and EPS for Crocs (CROX) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Crocs, Inc. (NASDAQ:CROX) shares plunged almost 25% after the shoemaker issued weak guidance for the third quarter. The company said it expects revenue to be down 9% to 11% year-over-year, attributed to continued uncertainty regarding global trade policy and its related pressure on consumers.
The company beat earnings expectations but issued disappointing third-quarter guidance.
Crocs (CROX) came out with quarterly earnings of $4.23 per share, beating the Zacks Consensus Estimate of $4.01 per share. This compares to earnings of $4.01 per share a year ago.
Crocs (CROX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.