Crocs raises 2026 revenue growth outlook to approximately 3%
Bitget2026/10/29 11:20- Crocs raised its full-year 2026 revenue growth outlook to approximately 3%, its third consecutive guidance increase.
- Full-year adjusted diluted earnings per share are forecast at $14.45 to $14.65, with adjusted operating margin above 22.5%.
- Fourth-quarter revenue growth is projected at 7% to 9%, with adjusted diluted earnings per share of $3.25 to $3.45.
- Third-quarter revenue rose 5% to $1.04 billion on a constant-currency basis.
- HEYDUDE returned to growth with revenue up 6%; Crocs brand revenue increased 4%, led by double-digit international growth.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elon Musk: SpaceX (SPCX.US) Q4 revenue is expected to increase by approximately 70% quarter-on-quarter, with government contract income share falling below 10%
Elon Musk stated on Friday that SpaceX (SPCX.US) will continue to reduce its dependence on U.S. government procurement contracts.
After the sharp decline in tech stocks, the White House suddenly canceled the top tech advisor meeting the following day.
The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.
Turtle Creek Asset Management Reports Sale of $347,850 in Jeld-Wen Common Shares
Crypto prices
More
