Crocs Inc

NASDAQ:CROXUnited States

Today

Show headlines and story abstract

• Crocs, Inc. Appoints Susan Healy as EVP and Chief Financial Officer for Crocs Inc., from 10 minutes ago by PR Newswire

  10 minutes ago by PR Newswire
  Companies Mentioned: CROX

  Crocs, Inc. (NASDAQ: CROX), a global leader in innovative casual footwear for all, today announced the appointment of Susan Healy as Executive Vice President and Chief Financial Officer of Crocs Inc., effective June 3. Ms. Healy, 58, succeeds Anne Mehlman, who was recently appointed President of the Crocs Brand. Ms. Mehlman will continue to serve as Chief Financial Officer until Ms. Healy's start date. Ms. Healy will join the executive leadership team and report directly to Andrew Rees, Chief Executive Officer.

• Crocs, Inc. Reports First Quarter Fiscal 2024 Financial Results, from 10 minutes ago by PR Newswire

  10 minutes ago by PR Newswire
  Companies Mentioned: CROX

  -- First Quarter Revenue Increased 6% Over Last Year To A Record $939 Million

  -- First Quarter Diluted EPS Up 5% to $2.50 and Adjusted Diluted EPS Up 16% to $3.02

  -- Fiscal Year 2024 Adjusted Diluted Earnings Per Share Guidance Raised, Led By Strength of Crocs Brand

• Crocs, Inc. Reports First Quarter Fiscal 2024 Financial Results, from 11 minutes ago by Dow Jones

  11 minutes ago by Dow Jones
  Companies Mentioned: CROX
  impairments (1) 1 % ---------------- Non-GAAP operating margin 25 % ================ Non-GAAP effective tax rate reconciliation: GAAP effective tax rate 21.5 % Non-GAAP adjustments, primarily related to amortization of intellectual property (1)(2) (3.5) % ---------------- Non-GAAP effective tax rate 18.0 % ================ Non-GAAP diluted earnings per share reconciliation: GAAP diluted earnings per share $11.47 to $11.95 Non-GAAP adjustments, primarily related to IT system impairments and amortization of intellectual property (1)(2) $0.78 ---------------- Non-GAAP diluted earnings per share $12.25 to $12.73 ================ (1) For the full year 2024, we expect to incur approximately $28 million in costs primarily for an impairment of information technology systems related to the HEYDUDE integration and costs to transition to our new HEYDUDE distribution center in Las Vegas, Nevada. (2) In the fourth quarter of 2023, and previously in 2021 and 2020, we made changes to our international legal structure, including an intra-entity transfer of certain intellectual property rights, primarily to align with current and future international operations. The transfers resulted in a step-up in the tax basis of intellectual property rights and correlated increases in foreign deferred tax assets based on the fair value of the transferred intellectual property rights. This adjustment represents the current period impact of these transfers.
  

• *DJ Crocs 1Q EPS $2.50 >CROX, from 11 minutes ago by Dow Jones

  11 minutes ago by Dow Jones
  Companies Mentioned: CROX
  impairments (1) 1 % ---------------- Non-GAAP operating margin 25 % ================ Non-GAAP effective tax rate reconciliation: GAAP effective tax rate 21.5 % Non-GAAP adjustments, primarily related to amortization of intellectual property (1)(2) (3.5) % ---------------- Non-GAAP effective tax rate 18.0 % ================ Non-GAAP diluted earnings per share reconciliation: GAAP diluted earnings per share $11.47 to $11.95 Non-GAAP adjustments, primarily related to IT system impairments and amortization of intellectual property (1)(2) $0.78 ---------------- Non-GAAP diluted earnings per share $12.25 to $12.73 ================ (1) For the full year 2024, we expect to incur approximately $28 million in costs primarily for an impairment of information technology systems related to the HEYDUDE integration and costs to transition to our new HEYDUDE distribution center in Las Vegas, Nevada. (2) In the fourth quarter of 2023, and previously in 2021 and 2020, we made changes to our international legal structure, including an intra-entity transfer of certain intellectual property rights, primarily to align with current and future international operations. The transfers resulted in a step-up in the tax basis of intellectual property rights and correlated increases in foreign deferred tax assets based on the fair value of the transferred intellectual property rights. This adjustment represents the current period impact of these transfers.
  

• Crocs, Inc. Appoints Susan Healy as EVP and Chief Financial Officer for Crocs Inc., from 11 minutes ago by Dow Jones

  11 minutes ago by Dow Jones
  Companies Mentioned: CROX
  
  Crocs, Inc. Appoints Susan Healy as EVP and Chief Financial Officer for Crocs Inc.
  
  PR Newswire
  
  BROOMFIELD, Colo., May 7, 2024
  
  BROOMFIELD, Colo., May 7, 2024 /PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX), a global leader in innovative casual footwear for all, today announced the appointment of Susan Healy as Executive Vice President and Chief Financial Officer of Crocs Inc., effective June 3. Ms. Healy, 58, succeeds Anne Mehlman, who was recently appointed President of the Crocs Brand. Ms. Mehlman will continue to serve as Chief Financial Officer until Ms. Healy's start date. Ms. Healy will join the executive leadership team and report directly to Andrew Rees, Chief Executive Officer.