Quarterly ResultApr 30, 2026, 07:12 AM
CROX Q1 Adj EPS $2.99, Revenue $921M; Raises FY26 Outlook
AI Summary
Crocs, Inc. reported better-than-expected Q1 2026 results, with consolidated revenues of $921 million, a 1.7% decrease, and adjusted diluted EPS of $2.99, a 0.3% decrease. The performance was supported by broad consumer relevance and healthy direct-to-consumer channel growth across both Crocs and HEYDUDE brands. Based on this outperformance, the company raised its full-year 2026 revenue outlook to be down 1% to up 1% and adjusted diluted EPS guidance to $13.20-$13.75.
Key Highlights
- Q1 2026 Consolidated revenue $921M, down 1.7% YoY (4.0% constant currency).
- Q1 2026 Adjusted diluted EPS $2.99, down 0.3% YoY.
- Q1 2026 Crocs Brand revenue $767M, up 0.8% YoY (down 1.9% constant currency).
- Q1 2026 HEYDUDE Brand revenue $154M, down 12.3% YoY (down 13.2% constant currency).
- Q1 2026 Direct-to-consumer (DTC) revenue grew 12.1% YoY (10.2% constant currency).
- Full-year 2026 revenue outlook raised to down 1% to up 1% YoY.
- Full-year 2026 adjusted diluted EPS outlook raised to $13.20-$13.75.
- Repurchased 0.8M shares for $73.6M post-Q1 through April 23, 2026.