crocs earnings

Crocs Earnings Lack Bite, but Its Ugly Shoes Still Have Legs

Oh, no. Things are getting ugly for Crocs again. The footwear maker is still growing, but not as quickly as the market would like. The company saw revenue in the third quarter climb 8% to $295.6 million, short of the $302.4 million that analysts were targeting.

Crocs Up as Plastic Shoe Sales Top Estimates

Crocs shares climbed some 9% in premarket trading on Thursday after the offbeat shoe company reported much better then expected second-quarter revenue and profits, thanks to lower costs and strong sales. Crocs earned $32.3 million compared with net loss of $30.3 million a year ago.