NasdaqGS:CROXLuxury
Crocs Balances International Growth And Buybacks With HeyDude Reset And Loss
Crocs, Inc. (NasdaqGS:CROX) reported better than expected fourth quarter and full year results, with double digit international sales growth and solid direct to consumer performance.
The company outlined plans to keep expanding overseas, focus on new products and pursue cost savings across the business.
Crocs also announced a share repurchase program targeting roughly 10% of outstanding shares and detailed efforts to stabilize and refresh the HeyDude brand.
Management is working to...