Crocs IncCROX
▲ PositiveCapitalTariffrelevance
Record revenue and earnings beat, plus share buybacks.
Impact on stocks 1
Consumer Discretionary
Crocs IncCrocs Inc posted record enterprise revenue of $1.2 billion for the second quarter of 2026, a 2% increase from a year earlier. The Crocs brand exceeded $1 billion in quarterly revenue for the first time, rising 4% to $1.0 billion, while HEYDUDE brand revenue fell 6% to $179 million. Direct-to-consumer sales grew 12% for the Crocs brand and 7% for HEYDUDE, and international revenue for the Crocs brand was up 7%. Adjusted diluted earnings per share rose 8% to $4.55, and the company repurchased approximately 2.3 million shares for $251 million during the quarter. Adjusted gross margin declined 170 basis points to 60%, which the company attributed primarily to tariff impacts.
Crocs IncRecord revenue and earnings beat, plus share buybacks.