BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Crocs Inc. (CROX) on Thursday reported second-quarter profit of $204.9 million.
The Broomfield, Colorado-based company said it had net income of $4.13 per share. Earnings, adjusted for non-recurring costs, came to $4.55 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.32 per share.
The footwear company posted revenue of $1.18 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.15 billion.
Crocs expects full-year earnings in the range of $13.70 to $14 per share.
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