The earnings call reflected a mixed sentiment with strong international growth and cost-saving measures being overshadowed by revenue declines and challenges in North America and HEYDUDE wholesale channels.

Company Guidance

During the Crocs, Inc. Third Quarter 2025 Earnings Conference Call, the company provided guidance focusing on strategic actions and financial metrics. Crocs reported a strong performance with $1 billion in third-quarter revenue, despite a 7% decline from the previous year. The company highlighted its robust profitability and cash flow, which facilitated the repurchase of 2.4 million shares and the paydown of $63 million in debt. Adjusted gross margin stood at 58.5%, with a noted 230 basis points headwind from tariffs. Crocs' adjusted operating margin was 20.8%, surpassing expectations. The company anticipates Q4 revenues to decrease by approximately 8%, with the Crocs brand down around 3% and HEYDUDE expected to decline in the mid-20% range. Cost savings initiatives were emphasized, with an additional $100 million identified for 2026. The call underscored Crocs' commitment to product innovation, digital engagement, and international market expansion as key growth drivers.

Strong Profitability and Cash Flow

Crocs delivered strong profitability and cash flow, enabling the repurchase of 2.4 million shares and a debt paydown of $63 million.

International Growth

International revenue was up 4% year-over-year, with significant growth in China, Japan, and Western Europe.

HEYDUDE Brand Progress

HEYDUDE's DTC was down only 1%, with strong performance on TikTok Shop, despite overall revenue being down 22%.

Cost Savings Initiatives

Crocs identified $100 million of incremental gross cost savings on top of the $50 million already actioned in 2025.

Crocs (CROX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CROX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 12, 2026	2025 (Q4)	1.90 / -	2.52	―	―	―
Oct 30, 2025	2025 (Q3)	2.36 / 2.92	3.6	-18.89% (-0.68)
Aug 07, 2025	2025 (Q2)	4.00 / 4.23	4.01	5.49% (+0.22)
May 08, 2025	2025 (Q1)	2.48 / 3.00	3.02	-0.66% (-0.02)
Feb 13, 2025	2024 (Q4)	2.26 / 2.52	2.58	-2.33% (-0.06)
Oct 29, 2024	2024 (Q3)	3.10 / 3.60	3.25	10.77% (+0.35)
Aug 01, 2024	2024 (Q2)	3.56 / 4.01	3.59	11.70% (+0.42)
May 07, 2024	2024 (Q1)	2.25 / 3.02	2.61	15.71% (+0.41)
Feb 15, 2024	2023 (Q4)	2.37 / 2.58	2.65	-2.64% (-0.07)
Nov 02, 2023	2023 (Q3)	3.10 / 3.25	2.97	9.43% (+0.28)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CROX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 30, 2025	$84.69	$82.54	-2.54%
Aug 07, 2025	$105.13	$74.39	-29.24%
May 08, 2025	$100.76	$110.65	+9.82%
Feb 13, 2025	$88.83	$110.05	+23.89%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.