FULL YEAR 2020 FINANCIAL GUIDANCE slide image

FULL YEAR 2020 FINANCIAL GUIDANCE

FULL YEAR 2020 FINANCIAL GUIDANCE (ISSUED 02/27/20) . FY Revenues: Up 8-12% vs $1,231M in 2019 Expecting a negative currency impact of -$10M; and - Estimated negative impact from coronavirus in Asia region of $40M-$60M . FY Operating margin to be between 11-13% vs. 10.5% in 2019 - Estimated adjustments of $3.0M for the new distribution center in the Netherlands; and ~$5.0M of one-time expenses for store closures and other provisions in Asia • FY Interest expense of ~$9M • FY Income tax rate of ~17%, excluding the utilization of any discrete tax benefits • FY Capital expenditures to be between $50-$60M crocs™ 19
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