Welcome to our dedicated page for Crocs news (Ticker: CROX), a resource for investors and traders seeking the latest updates and insights on Crocs stock.
Crocs Inc (NASDAQ: CROX) delivers innovative casual footwear through its proprietary Croslite technology. This news hub provides investors and industry observers with essential updates about the company's operations, financial, and market developments.
Access official press releases and curated news coverage spanning product launches, financial results, strategic partnerships, and sustainability initiatives. Our comprehensive collection enables efficient tracking of Crocs' performance in the global footwear market.
Key updates include quarterly earnings disclosures, leadership changes, retail expansions, and material innovation breakthroughs. All content is verified for accuracy and updated regularly to serve as your primary resource for CROX-related developments.
Bookmark this page for streamlined access to Crocs' latest announcements. Combine this resource with SEC filings and market analysis for complete investment research.
Crocs, Inc. (NASDAQ: CROX) will host an investor day on September 14, 2021, providing insights into its long-term strategy and growth initiatives. CEO Andrew Rees and the leadership team will present key initiatives aimed at delivering sustainable, profitable growth. Attendance is limited to invited guests only, but the event will be streamed live on the company's website, ensuring broader access to interested investors.
Crocs continues to innovate in casual footwear, emphasizing comfort and style through its proprietary Croslite™ material.
Crocs, Inc. (NASDAQ: CROX) announced a collaboration with Grammy Award-winning artist Diplo, set to launch on June 8, 2021. The partnership introduces unique designs for the Classic Clog and Classic Crocs Sandal, featuring vibrant graphics and custom Jibbitz™ charms, priced at $69.99 and $49.99, respectively. Diplo will promote the collection during a live performance on June 3, streaming on Mad Decent's Twitch channel, with 1,000 pairs being given away. This collaboration is aimed at enhancing fan engagement and creativity within the brand.
Crocs Inc. (CROX) is set to replace Cantel Medical Corp. (CMD) in the S&P MidCap 400, effective June 2, 2021. Concurrently, Organogenesis Holdings Inc. (ORGO) will take Crocs' place in the S&P SmallCap 600. This change is part of an acquisition by STERIS plc of Cantel Medical, which is anticipated to conclude soon pending final conditions. This move reflects Crocs' growing presence in the market and the dynamics of index composition.
Crocs, Inc. (NASDAQ: CROX) announced its participation in Baird's 2021 Global Consumer, Technology & Services Conference on June 8, 2021, at 2:00 pm ET. The event will be broadcast live on the Investor Relations section of Crocs' website, with a replay available for one year post-conference. Crocs is recognized for its innovative casual footwear that blends comfort and style, primarily using its proprietary Croslite™ material. The company emphasizes individuality and comfort in its global Come As You Are™ campaign.
Crocs, Inc. (CROX) reported impressive first quarter 2021 results, achieving revenues of $460.1 million, a 63.6% increase year-over-year, driven by a 93.3% boost in direct-to-consumer sales. The company anticipates a revenue growth of 40% to 50% for the full year. Operating income surged to $124.7 million with a significant expansion in operating margins. Digital sales represented 32.3% of total revenue, showcasing strong consumer demand. With a solid liquidity position of $499.7 million in available borrowing, Crocs remains committed to supporting its growth strategies through capital investments and share repurchases.
Crocs, Inc. (NASDAQ: CROX) will host a conference call on April 27, 2021, at 8:30 a.m. ET, to discuss its first-quarter results for the period ending March 31, 2021. Investors can register for the call via the Investor Relations section of the Crocs website. The company is a leader in casual footwear, utilizing its proprietary Croslite™ material for enhanced comfort. The call will also be available for replay until April 27, 2022.
On March 11, 2021, Crocs (NASDAQ: CROX) announced a new collaboration with Justin Bieber, introducing the Crocs x Justin Bieber with drew house Classic Clog 2. This unique bundle includes a lavender clog and drew house-branded socks, set for release on March 15 in the U.S. and China, followed by a global launch on March 16. Bieber emphasized the collaboration's comfort and style, aligning with Crocs’ ethos. Previous collaborations sold out quickly, indicating strong consumer interest. The Classic Clog 2 will retail for $69.99, available on Crocs’ e-commerce platforms and select stores.
Crocs, Inc. (CROX) announced on March 9, 2021, the pricing of a $350 million offering of 4.250% senior notes due 2029. This offering saw an upsizing of $50 million and is set to close on or around March 12, 2021. The proceeds will be used to repay $180 million in outstanding debt and for general corporate purposes, including working capital and potential acquisitions. The notes will be offered for sale to qualified institutional buyers and non-U.S. persons, and they will not be registered under the Securities Act.
