Crocs (CROX) Posts Q2 GAAP EPS of $0.11

Crocs (NASDAQ: CROX) reported Q2 GAAP EPS of $0.11, which may note compare to the analyst estimate of $0.26. Revenue for the quarter came in at $345.7 million versus the consensus estimate of $345.59 million.

Crocs sees Q3 2015 revenue of $280-290 million, versus the consensus of $293.94 million.

Gregg Ribatt, Chief Executive Officer, said: "We delivered second quarter sales in line with expectations. Our business continues to stabilize around the globe and we believe the strategy the company outlined last July is positioning Crocs for sustained success in the future. We were particularly pleased to see global e-commerce revenue increase nearly 30% on a constant currency basis. The company continues to make meaningful progress in implementing our strategy including: strengthening our brand; elevating our product stories; evolving our international business to focus on our six core markets; strengthening our relationships with key wholesale partners; improving our direct to consumer capabilities; simplifying our business model; and, building a best in class team. We are confident that these moves are laying the foundation to position the company for sustained growth in the future."

For earnings history and earnings-related data on Crocs (CROX) click here.

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