Financial

Crocs posts an Ebit margin of over 32% on 73% higher sales

2021-10-21T17:09:00

crocs

Performing better than what analysts had estimated, Crocs reported a sales increase of 73.0 percent in the third quarter to a record level of $625.9 million, with a gain of 72.2 percent on a constant-currency basis. The company posted an exceptionally high operating margin of 32.2 percent, up from 19.9 ...

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