Crocs Results Presentation Deck slide image

Crocs Results Presentation Deck

Q2 FINANCIAL HIGHLIGHTS FY2023E Guidance (numbers on reported basis, unless otherwise noted) Total Revenue Growth crocs HEY DUDE Revenue Growth Reported Revenue Growth Pro Forma Revenue Growth (2) Adjusted Operating Margin(3.4) Adjusted One Time Costs Adjusted Tax Rate (3,4) Adjusted Diluted EPS (3,4) Capital Expenditures CROCS inc 1. 2. 3. 4. Prior Guidance 11% to 14% 7% to 9% Mid-20% Mid-teens 26.0% to 27.0% $30M ~20% $11.17 to $11.73 $165 to $180M Current Guidance 12.5% to 14.5%(¹) 12% to 13% 14% to 18% -3.5% to 7.5% ~27.5% $35M ~20% $11.83 to $12.22 $165 to $180M B/(W) Non-GAAP adjustments include an expected: $35 million of costs primarily related to capital investments to support growth, and to be fairly balanced across COGS and SG&A. See reconciliation to GAAP equivalents in Appendix. +0.5% to 1.5% +4% to 5% +0.5% to 1.5% ($5M) +$0.49 to $0.66 Crocs, Inc. expected FY2023 revenue growth of approximately 12.5% to 14.5% implies expected revenues of $4,000 million to $4,065 million at currency rates as of the end of the latest reported period. Pro forma ("PF") includes HEYDUDE revenues for the period prior to acquisition close (assuming the acquisition had closed on January 1, 2022.) For the prior guidance, assuming that the midpoint of "mid-20s" reported growth is 25% would imply 13.6% growth on a pro forma basis. 28
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