Net income benefited from $64 million in IEEPA tariff refunds, leaping 49% to $216,755,000 from $145,816,000 in the third quarter, while revenue rose 5% to $1,042,583,000 from $966,301,000. Heydude finally posted positive sales growth after an extended wholesale reset and international gains at the Crocs brand more than offset domestic softness. Direct-to-consumer led enterprise results with a 7% gain to $601.1 million while wholesale ticked up 2% to $441.5 million.

Crocs brand sales increased 4% to 872.7 million on DTC growth of 8% to $510.4 million offsetting a 1% wholesale dip to ... Log in to view full article.