Sector: Consumer Cyclicals | Industry: Footwear |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 500 Eldorado Boulevard, Building 5 BROOMFIELD CO 80021 |
Tel: | N/A |
Website: | https://careers.crocs.com |
IR: | See website |
Key People | ||
Andrew Rees Chief Executive Officer, Director | Anne Mehlman Chief Financial Officer, Executive Vice President | Shannon Sisler Executive Vice President, Chief People Officer |
Adam Michaels Executive Vice President, Chief Digital Officer | Michelle Poole Executive Vice President, Brand President for Crocs | Terence Reilly Executive Vice President and President , HEYDUDE Brand | Erinn Murphy Senior Vice President of Investor Relations and Corporate Strategy |
Business Overview |
Crocs, Inc. is engaged in the design, development, worldwide marketing, distribution, and sale of casual lifestyle footwear and accessories for women, men, and children. The Company's segments include Crocs Brand and the HEYDUDE Brand. The Company's Crocs Brand collection contains Croslite material, a molded footwear technology, delivering extraordinary comfort with each step. Its Croslite materials are formulated to create soft, comfortable, lightweight, non-marking, and odor-resistant footwear. The HEYDUDE Brand offers shoes with a versatile silhouette. It sells its products in more than 80 countries, through two distribution channels: wholesale and direct-to-consumer. Its wholesale channel includes domestic and international multi-brand retailers, mono-branded partner stores, e-tailers, and distributors; its direct-to-consumer channel includes Company-operated retail stores, Company-operated e-commerce sites, and third-party marketplaces. |
Financial Overview |
For the fiscal year ended 31 December 2023, Crocs Inc revenues increased 11% to $3.96B. Net income increased 47% to $792.6M. Revenues reflect Crocs Brand segment increase of 13% to $3.01B, HEYDUDE Brand segment increase of 6% to $949.4M, International segment increase of 24% to $1.39B, United States segment increase of 6% to $2.57B, Retail Sales - Crocs Brand increase of 19% to $1.52B. |
Employees: | 7,030 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $9,124M as of Dec 31, 2023 |
Annual revenue (TTM): | $3,962M as of Dec 31, 2023 |
EBITDA (TTM): | $1,100M as of Dec 31, 2023 |
Net annual income (TTM): | $792.57M as of Dec 31, 2023 |
Free cash flow (TTM): | $814.82M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,515M as of Dec 31, 2023 |
Shares outstanding: | 60,702,500 as of Apr 8, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |