Crocs (CROX) Q2 Earnings Beat, DTC Revenues Rise 8.9% Y/Y

Crocs, Inc. (CROX) posted solid results for second-quarter 2024, wherein the bottom and top lines surpassed the Zacks Consensus Estimate and grew year over year. Results gained from strength in the Crocs brand and outstanding international growth. With respect to the HEYDUDE brand, management has been making improvements to aid sustainable growth. As a result, Crocs raised its operating margin and earnings per share view for the current year while reiterating the revenue guidance. We note that shares of thi ...