💨 Abstract

Crocs Inc. reported a first-quarter profit of $160.1 million, exceeding Wall Street expectations. The company's earnings per share were $2.83, with adjusted earnings at $3 per share. Revenue for the quarter was $937.3 million, also surpassing analysts' forecasts. The footwear company's performance topped the average estimates from analysts surveyed by Zacks Investment Research.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖