Crocs, Inc. (NASDAQ:CROX) Registers Revenue of $363.8 Million In Q2


Dallas, Texas 07/26/2013 (Financialstrend) – As per latest reports, Crocs, Inc. (NASDAQ:CROX) has declared financial outcomes for the second quarterly period of the existing year (2013).

Second Quarter 2013 Review

  • Registered income of $363.8 million
  • Gross Margin surged 55.2%
  • Net income remained at $35.4 million
  • Earnings per diluted share stood at $0.40
  • Recorded Non-GAAP adjusted net income 1 per diluted share of $0.48

Mr. John McCarvel, President and CEO of the company, stated, “Our income during the second quarterly period increased by 12.5 per cent on an invariant currency basis and replicates the worldwide appeal of the company’s brand, the triumph of our novel spring/summer designs, consisting of the Retro collections, A-Leigh, Huarache as well as Beach Line Boat, together with the continuing potency of our core product arrangement.”

“Internationally, our direct to consumer channel carries on to be a major constituent of our victory. Our Asia Pacific section stays a primary driver of our expansion approach as all channels in the area carry on exceeding hopes.”

The company’s income for the second quarter of the year augmented 9.9 per cent to $363.8 million as against income of $330.9 million recorded during the same quarter of last year. On a steady currency basis, income bettered 12.5 per cent for the second quarterly period of 2013.

Crocs, Inc. (NASDAQ:CROX) installs ShopperTrak Managed Service

Crocs Inc has picked ShopperTrak to provide retail traffic counting and analytics in places internationally.

ShopperTrak, the globe’s major counter of retail foot traffic, carried out its Managed Service for Crocs during November last year, just in time to register customer traffic during the jam packed holiday period. The shopper counting firm introduced its service – from hardware setting up to current preservation – crosswise over 170 Crocs shops in a period of 6 weeks.

“We assessed manifold store analytics solutions and sensed that ShopperTrak was the best fit for our requirements, offering high-level precision and capability to scale crosswise several areas,” the company’s executive stated.