Crocs Reports Record Q2 Revenue of $1.1 Billion and Raises 2024 EPS Outlook
Crocs reported second-quarter 2024 revenues of $1,112 million, up 3.6% from a year earlier, and GAAP diluted earnings per share of $3.77, up 11.2%. The company raised its full-year adjusted diluted EPS outlook to $12.45 to $12.90 from $12.25 to $12.73 and kept its 3% to 5% revenue growth guidance, although HEYDUDE revenue fell 17.5%.
Key points
- Q2 revenues $1,112 million, up 3.6%; Crocs Brand up 9.7% to $914 million, HEYDUDE Brand down 17.5% to $198 million
- GAAP diluted EPS $3.77 vs. $3.39 a year earlier; adjusted diluted EPS $4.01 vs. $3.59
- Full-year 2024 adjusted diluted EPS outlook raised to $12.45 to $12.90 from $12.25 to $12.73; adjusted operating margin outlook raised to more than 25% from approximately 25%
- Repurchased about 1.2 million shares for $175 million in the quarter; $700 million of repurchase authorization remained at June 30, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.