Crocs (NASDAQ:CROX) Posts Earnings Results, Beats Estimates By $0.38 EPS

Posted by on Oct 29th, 2026

Crocs (NASDAQ:CROX – Get Free Report) announced its quarterly earnings data on Thursday. The textile maker reported $3.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $0.38, FiscalAI reports. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1 billion. Crocs had a return on equity of 47.75% and a net margin of 14.64%. The firm’s revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.92 EPS.

Here are the key takeaways from Crocs’ conference call:

  • Raised full-year outlook: Crocs increased 2026 revenue guidance to approximately 3% growth from 1%-2% previously and lifted adjusted EPS guidance to $14.45-$14.65. Fourth-quarter revenue is expected to rise 7%-9%.
  • Both brands returned to growth: Third-quarter enterprise revenue exceeded $1 billion, up 5%, with Crocs revenue up 4% and HEYDUDE up 6%. Crocs cited strong international demand and product diversification, while HEYDUDE benefited from wholesale growth and improved inventory and full-price selling.
  • Profitability and cash generation remained strong: Adjusted operating margin expanded 150 basis points to 22.3%, while adjusted EPS rose 26% to $3.69. The company repurchased approximately $250 million of shares and paid down $21 million of debt during the quarter.
  • North American Crocs sales face a temporary channel headwind: A business-model shift is moving revenue from direct-to-consumer to wholesale, creating an estimated 700-800 basis-point DTC headwind over the next several quarters. Management said the shift does not affect units or market share and expects underlying North American growth excluding the impact.
  • Consumer and international risks remain: Management described a K-shaped consumer environment, with weakness among lower-income shoppers, and said wholesale partners remain cautious. HEYDUDE’s international business is still small and is expected to require time and measured investment before becoming a meaningful growth driver.

Crocs Price Performance

Shares of CROX stock traded up $30.42 during mid-day trading on Thursday, hitting $150.11. The company had a trading volume of 2,759,148 shares, compared to its average volume of 1,187,324. Crocs has a 52-week low of $73.21 and a 52-week high of $151.82. The stock’s 50 day moving average price is $119.37 and its 200-day moving average price is $109.09. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.49 and a quick ratio of 0.96. The company has a market capitalization of $7.20 billion, a P/E ratio of 13.03, a P/E/G ratio of 0.99 and a beta of 1.56.

Wall Street Analyst Weigh In

CROX has been the subject of a number of analyst reports. UBS Group increased their price objective on shares of Crocs from $107.00 to $120.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. The Goldman Sachs Group reiterated a “sell” rating and issued a $95.00 price target on shares of Crocs in a research note on Friday, July 31st. Piper Sandler reissued an “overweight” rating on shares of Crocs in a report on Friday, July 31st. Robert W. Baird set a $163.00 price target on Crocs in a report on Friday, July 31st. Finally, Monness Crespi & Hardt boosted their price objective on Crocs from $130.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $141.20.

View Our Latest Report on CROX

Insider Buying and Selling at Crocs

In related news, Director Beth J. Kaplan purchased 885 shares of the firm’s stock in a transaction on Tuesday, September 15th. The shares were acquired at an average price of $112.12 per share, for a total transaction of $99,226.20. Following the purchase, the director directly owned 15,259 shares in the company, valued at $1,710,839.08. This trade represents a 6.16% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew Rees sold 19,072 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $138.91, for a total transaction of $2,649,291.52. Following the transaction, the chief executive officer directly owned 713,293 shares of the company’s stock, valued at $99,083,530.63. This trade represents a 2.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.10% of the company’s stock.

Crocs News Summary

Here are the key news stories impacting Crocs this week:

  • Positive Sentiment: Earnings and revenue beat estimates: Crocs reported adjusted earnings of $3.69 per share, above the $3.31 consensus estimate, while revenue reached approximately $1.04 billion versus expectations of $1.00 billion. GAAP diluted EPS rose 67.4% year over year to $4.52. Crocs third-quarter results and outlook
  • Positive Sentiment: Raised 2026 guidance: Management now expects full-year revenue growth of approximately 3%, up from its previous forecast of 1% to 2%. Fourth-quarter revenue is projected to increase 7% to 9% year over year, with adjusted EPS expected between $3.25 and $3.45. Crocs raises fiscal 2026 guidance
  • Positive Sentiment: Broad operating momentum: Revenue grew 4.6% year over year. Crocs Brand revenue increased 4.4%, while HEYDUDE returned to growth with a 6.1% gain. Direct-to-consumer sales rose 6.9%, gross margin expanded to 66.2% from 58.5%, and operating income climbed 40.6% to $291.9 million. Crocs shows broad sales momentum
  • Positive Sentiment: Shareholder returns supported the rally: Crocs repurchased approximately 2.0 million shares for $250 million during the quarter and repaid $21 million of debt, signaling confidence in cash generation and potentially supporting per-share results. Crocs revenue and outlook update
  • Neutral Sentiment: Broader economic data released Thursday showed headline PCE inflation in line with expectations and initial jobless claims nearly flat. These results may reduce macro uncertainty but were not the primary catalyst for CROX.
  • Negative Sentiment: Recent insider-trading data showed more insider sales than purchases over the past six months, including sales by CEO Andrew Rees. This is a potential cautionary signal, although it was outweighed by the earnings beat and stronger outlook.

Crocs Company Profile

(Get Free Report)

Crocs, Inc is a global footwear company best known for its Crocs brand of casual, lightweight shoes. Its product portfolio includes clogs, sandals, slides, boots and other casual footwear, along with accessories such as Jibbitz charms, which are designed to personalize Crocs shoes.

The company was founded in 2002 and introduced its first clog that year. Crocs has expanded from its original molded footwear into a broader lifestyle brand, offering products for women, men and children through company-operated and third-party retail stores, e-commerce platforms and wholesale partners.

In 2022, Crocs completed its acquisition of HEYDUDE, adding the casual shoe brand to its portfolio.

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Earnings History for Crocs (NASDAQ:CROX)

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