Crocs announces 2010 profit of $423.8m
28/02/2011
Footwear brand Crocs has announced its financial results for the fourth quarter and fiscal year ended 31 December 2010.
Revenue for the fourth quarter of 2010 increased 32% to $179.2 million, over revenue of $136 million reported in the fourth quarter of 2009. Net income for the fourth quarter 2010 improved to $4.7 million, compared to a net loss of $11.4 million in the fourth quarter 2009.