Crocs Shares Rise 25.5% After Q3 Results and Higher Outlook

Crocs shares rose 25.5% to close at $150.26 on Oct. 29, up from $119.69 the previous session. The gain came the day the footwear company posted higher third-quarter revenue and raised its 2026 outlook, even as Crocs-brand sales declined in North America. Revenue for the quarter ended Sept. 30 increased 4.6% year over year to $1.043 billion. Adjusted diluted earnings per share rose to $3.69 from $2.92 a year earlier. HEYDUDE revenue grew 6.1% to $170 million, reversing a 5.7% year-over-year decline to $179 million in the second quarter.

Source: TokenPost