US’ Crocs achieves $4.1 bn in FY24, driven by 7.2% DTC sales growth

Crocs, Inc, has reported revenues of $4.1 billion in FY24, up 3.5 per cent, with adjusted EPS rising 9.5 per cent to $13.17.
In Q4 FY24 overall revenue grew by 3.1 per cent, however, Heydude revenues fell 13.2 per cent.
For FY25, Crocs expects 2-2.5 per cent revenue growth, a 24.0 per cent adjusted operating margin, and EPS between $12.70-$13.15.
Capex is projected at $80-$100 million.