Crocs Raises Guidance after Strong Q4
The clog maker said that its fourth quarter sales will come it at $211 to $214 million, up from prior guidance of $195 to $205 million, driven by classic and lined clogs and better than expected results in North America. Gross margin was up 80 to 100 basis points as expected, and SG&A will be about 54% of revenues, down from 60.6% last year. For the full year, CROX ... Log in to view full article.
