News

Crocs results beat expectations

21/02/2007

US designer and manufacturer of footwear for men, women and children, Crocs, Inc. has reported record financial results for the fourth quarter, ended December 31. Revenues increased 236% to $112.9 million versus $33.6 million in the fourth quarter of 2005, whilst net income improved 395.2% to reach $20.8 million versus $4.2 million. For the full year, revenues increased 226.6% to $354.7 million compared with $108.6 million in 2005 and net income rose 278.8% to reach $64.4 million compared with $17 million.

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