ICR XChange Coverage: Crocs
Long-term growth philosophy is to develop sustained growth in all regions. Built strong presence in Middle East. Also growing Russia and Brazil.++++About 10% of growth from unit expansion and 16% is from ASP expansion.++++Committed to wholesale relations in all regions. Expanding with Kohl’s, DSW.++++Net expansion of retail locatons will be 80-100 stores. Will pick up pace of closing kiosks. This year 25-30 of 50 in U.S. to close.++++Q4 guidance raised on stronger than expected ... Log in to view full article.