Crocs (CROX) Q4 Earnings Beat Estimates, Revenues Up Y/Y

Crocs, Inc. (CROX) posted mixed results for fourth-quarter 2023, wherein the bottom line surpassed the Zacks Consensus Estimate while the top line missed the same. Its adjusted earnings of $2.58 per share surpassed the Zacks Consensus Estimate of$2.38 but fell 2.6% year over year.We note that this current Zacks Rank #3 (Hold) stock has gained 33.4% in the past three months compared with the industry’s 13.1% growth.Q4 in DetailRevenues rose 1.6% year over year to $960.7 million in the reported quarter but m ...