×
541
Fashion Jobs
LIBERTY LTD
Sales Coach - Fashion
Permanent · LONDON
HAYS RECRUIMENT
Merchandising Manager - Growing Jewellery Brand
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Ecommerce Manager
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Sales Supervisor
Permanent · LONDON
TOO FACED
Too Faced Business Manager, Boots - Oxford
Permanent · OXFORD
TOO FACED
Too Faced Business Manager - Boots, Leeds Trinity
Permanent · LEEDS
FOUR SEASONS RECRUITMENT
Merchandising Manager
Permanent · LONDON
360 RESOURCING
Account Manager
Permanent · LONDON
BIMBA Y LOLA
Sales Assistant Brompton Road
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Brompton Road
Permanent · LONDON
BIMBA Y LOLA
Sales Assistant Richmond
Permanent · LONDON
NEXT RETAIL LTD
Home Design Consultant
Permanent · CAMBERLEY
NEXT RETAIL LTD
Warehouse Administrator
Permanent · DONCASTER
HAYS RECRUIMENT
E-Commerce Manager
Permanent · LONDON
HAYS RECRUIMENT
Eyewear Account Manager South London
Permanent · LONDON
NEXT RETAIL LTD
Home Design Consultant
Permanent · CARDIFF
NEXT RETAIL LTD
Sales Coordinator - Permanent
Permanent · LONDON
360 RESOURCING
Head Office Recruitment Consultant - Fashion Retail
Permanent · LONDON
360 RESOURCING
Temps Controller / Temps Recruitment Consultant - Fashion Retail
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Production Manager-Shoes & Slg-Luxury- London Salary up to £70k
Permanent · LONDON
DEPLOY LONDON
International Sales & Marketing Manager
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Digital Marketing Manager
Permanent · LONDON
Advertisements

Crocs ups fourth-quarter and full-year 2018 guidance following strong holiday

Published
today Jan 15, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Niwot, Colorado-based footwear brand Crocs, Inc. announced on Monday that it has updated its revenue outlook for the fourth quarter of 2018 to between $211 and $214 million and has also increased its guidance for the full fiscal year.


Crocs now expects Q4 2018 revenues to total between $211 and $214 million - Instagram: @crocs

 
The company’s revised Q4 revenue guidance is a significant step up from its previously reported prevision of $195 to $205 million.
 
For the full 2018 fiscal year, Crocs now expects revenues to increase around 6% from the $1,023.5 million reported in 2017. This is compared to a previous prevision of growth of between 4% and 5%.

Income from operations is now anticipated to total over $60 million, up from a previous guidance of just under $60 million.
 
In a release, Crocs President and CEO Andrew Reese described Q4 2018 as one of the company’s “best fourth quarters in years,” going on to explain, “these results clearly demonstrate that consumer demand for clogs and sandals is year-round. Classic and lined clogs were particular standouts, and exceptional results in North America contributed to our outperformance.”
 
“We are thrilled to finish the year on such a high note and are looking forward to another successful year in 2019,” he concluded.
 
The company also provided a preview of 2019, airing predictions that revenues will increase in the mid-single digit range as e-commerce offsets an expected $25 million decline in sales due to store closures.
 
Crocs’ optimistic announcement sent shares in the company up 3.8% in premarket trading on Monday.

Copyright © 2020 FashionNetwork.com All rights reserved.