COVID-19 Pushed Crocs Shares to an All-Time High
12 days ago - By Hypebeast
It's been a bumper year for Crocs. Over the last 12 months, the footwear label has released a string of eye-catching collaborations and hired a former Nike executive to oversee a period of growth. This has all been reflected in its latest financial performance, which has seen its share price rise to an all-time high. The Colorado-based label reported growth across every category in the first quarter of 2021. Revenues increased by 64% to $460.1 million USD year on year, digital sales grew by 75.3% , direct-to-consumer sales soared by 93.3% and wholesale revenues were up by 50.1% over the...
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