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Compared to Estimates, Crocs (CROX) Q1 Earnings: A Look at Key Metrics

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For the quarter ended March 2026, Crocs (CROX - Free Report) reported revenue of $921.46 million, down 1.7% over the same period last year. EPS came in at $2.99, compared to $3.00 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $904.65 million, representing a surprise of +1.86%. The company delivered an EPS surprise of +7.62%, with the consensus EPS estimate being $2.78.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Crocs performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenues- Crocs Brand: $767.42 million compared to the $756.53 million average estimate based on four analysts. The reported number represents a change of +0.8% year over year.
  • Revenues- HEYDUDE Brand: $154.04 million compared to the $148.5 million average estimate based on four analysts. The reported number represents a change of -12.3% year over year.
  • Revenues By Channel- HEYDUDE Brand- Wholesale: $83.4 million compared to the $83.23 million average estimate based on two analysts. The reported number represents a change of -24.7% year over year.
  • Revenues By Channel- Crocs Brand- Direct-to-Consumer: $321.59 million versus $299.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +12.9% change.
  • Revenues By Channel- HEYDUDE Brand- Direct-to-Consumer: $70.64 million versus $65.22 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.6% change.
  • Revenues By Channel- Crocs Brand- Wholesale: $445.82 million versus $459.63 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -6.5% change.
  • Non-GAAP Gross Margin- HEYDUDE Brand: 44.5% versus 44.8% estimated by two analysts on average.
  • Non-GAAP Gross Margin- Crocs Brand: 59.5% versus 60.5% estimated by two analysts on average.

View all Key Company Metrics for Crocs here>>>

Shares of Crocs have returned +19.8% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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