Crocs reports Q4 adjusted EPS $2.65, consensus $2.26

Reports Q4 revenue $945.2M, consensus $939.26M. "Consumer demand for the Crocs and HEYDUDE brands has been exceptional, fueling record 2022 revenues for both brands at a combined $3.6 billion and top-tier adjusted operating margin of 28%," said Andrew Rees, CEO. "We anticipate another record year in 2023 with growth expected to be led by sandals and international for the Crocs Brand and increased US market penetration for HEYDUDE."