Crocs Preannounces Q4 Results, Provides Full Year Outlook

Crocs, Inc. (NASDAQ:CROX) preannounced strong Q4 results and provided a solid full-year outlook. The company expects Q4 revenue growth of 60% year-over-year, which is a healthy upside to the previous guidance of 45-55%.

The company anticipates record 2022 revenues of around $3.55 billion (up 53% year-over-year), compared to the Street estimate of $3.51 billion.

For fiscal 2023, the company expects revenue growth in the range of 10%-13% year-over-year, resulting in revenues of $3.9-$4.0 billion.