Home Street Fashion American footwear firm Crocs’ revenue jumps 11.5% in FY23

American footwear firm Crocs’ revenue jumps 11.5% in FY23

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Crocs reported revenues of nearly $4 billion, up 11.5 per cent, and a gross margin increase to 55.8 per cent.
Operating income rose 21.9 per cent to $1,037 million.
EPS surged 46.8 per cent to $12.79.
Crocs brand revenues grew 13.3 per cent to $3 billion.
The company’s Q4 FY23 revenues hit $960 million, with a gross margin of 55.3 per cent.Crocs reported revenues of nearly $4 billion, up 11.5 per cent, and a gross margin increase to 55.8 per cent.
Operating income rose 21.9 per cent to $1,037 million.
EPS surged 46.8 per cent to $12.79.
Crocs brand revenues grew 13.3 per cent to $3 billion.
The company’s Q4 FY23 revenues hit $960 million, with a gross margin of 55.3 per cent.