Crocs raises Q4 forecast, expects 13 percent rise in full year revenues

Crocs, Inc. raising its revenue guidance for the fourth quarter ended December 31, 2019 said, it now expects revenue to be between 260 and 262 million dollars, up from its previous guidance range of 245 to 255 million dollars and compared to 216 million dollars in the fourth quarter of 2018. With respect to 2019, the company expects revenues to grow approximately 13 percent over 2018 revenues of 1,088.2 million dollars. With respect to 2020 revenues, the company continues to expect 12 percent to 14 percent growth over 2019 revenues.