Crocs, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 22, 2021 at 07:03 am EDT
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Crocs, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 640.773 million compared to USD 331.549 million a year ago. Operating income was USD 195.322 million compared to USD 56.595 million a year ago. Net income was USD 318.954 million compared to USD 56.551 million a year ago. Basic earnings per share from continuing operations was USD 5.02 compared to USD 0.84 a year ago. Diluted earnings per share from continuing operations was USD 4.93 compared to USD 0.83 a year ago. For the half year, sales was USD 1,100.871 million compared to USD 612.709 million a year ago. Operating income was USD 320.008 million compared to USD 77.407 million a year ago. Net income was USD 417.352 million compared to USD 67.642 million a year ago. Basic earnings per share from continuing operations was USD 6.47 compared to USD 1 a year ago. Diluted earnings per share from continuing operations was USD 6.35 compared to USD 0.99 a year ago.
Crocs, Inc. is engaged in the design, development, worldwide marketing, distribution, and sale of casual lifestyle footwear and accessories for women, men, and children. The Companyâs segments include Crocs Brand and the HEYDUDE Brand. The Companyâs Crocs Brand collection contains Croslite material, a molded footwear technology, delivering extraordinary comfort with each step. Its Croslite materials are formulated to create soft, comfortable, lightweight, non-marking, and odor-resistant footwear. The HEYDUDE Brand offers shoes with a versatile silhouette. It sells its products in more than 80 countries, through two distribution channels: wholesale and direct-to-consumer. Its wholesale channel includes domestic and international multi-brand retailers, mono-branded partner stores, e-tailers, and distributors; its direct-to-consumer channel includes Company-operated retail stores, Company-operated e-commerce sites, and third-party marketplaces.
CROCS, INC. 
