Crocs, Inc. reported earnings rose 23 percent in the fourth quarter ended December 31. Sales surged 61 percent with a boost from the acquisition of Heydude. Sales of the Crocs brand grew 14.9 percent. Earnings and sales topped analyst estimates.

Earnings of $2.65 topped Wall Street’s consensus estimate of $2.26. Sales of $945.2 million came out ahead of estimates of $939.26 million.

For more background and details on Crocs Inc.’s Q4 results, including sales details by brand and region, get inside company management’s call with analysts at SGB Executive here:

EXEC: Crocs CEO Details Top 2023 Growth Drivers Inside The Analyst Call

 

Photo courtesy Crocs