Expects 2022 revenues to grow approximately 53% vs. 2021, above recent guidance of approximately 49%-52% growth. Continues to expect 2022 non-GAAP operating margin of approximately 27%. "2022 was an exceptional year for Crocs, with strong consumer demand for both the Crocs and Heydude brands driving expected 53% revenue growth. We are also pleased to have made significant progress on deleveraging, as we have reduced borrowings by approximately $500M since acquiring Heydude in early 2022," said CEO Andrew Rees.
Published first on TheFly
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