Overview
- Crocs reported fourth-quarter adjusted EPS of $2.29 on $957.6 million in revenue, beating Wall Street expectations on both metrics.
- Shares rose roughly 19%–22% after the results and an outlook that exceeded consensus estimates.
- Management forecast 2026 adjusted EPS of $12.88 to $13.35 and projected full-year revenue roughly down 1% to flat versus 2025.
- The company outlined about $100 million in 2026 cost savings and noted 2025 capital returns including repurchasing around 10% of shares and paying down $128 million of debt.
- Trends remained mixed as the Crocs brand inched higher while Heydude fell, direct-to-consumer and international grew as wholesale and North America declined, and Q1 revenue was guided down 3.5%–5.5% with EPS of $2.67–$2.77.