Q3 2022 Investor Presentation slide image

Q3 2022 Investor Presentation

cr CS cr OCS CI OC FINANCIAL OUTLOOK 2022E GUIDANCE (numbers on reported basis, unless otherwise noted) Total Revenues crocs™ HEY DUDE GOOD TO GO-TO Adjusted Operating Margin(3) Adjusted Operating Income (³) Adjusted One Time Costs (3) Adjusted Tax Rate(³) Adjusted Diluted EPS(3) Capital Expenditures FY 2022E $3.455 to $3.520B $2.605 to $2.630B +17% CC(1) $850 to $890M(2) -27% (4,5) -$920 to $950M(4,5) -$130M(5) ~21% $9.95 to $10.30 $150 to $170M (1) 1. Crocs Brand expected revenue growth for FY 2022E of approximately 17% on a constant currency basis implies approximately 13% growth on a reported basis and expected revenues of $2.605 to $2.630B 2. Including the period of time prior to the closing of the acquisition, HEYDUDE 2022E revenues expected to be approximately $940 to $980M. 3. See reconciliation to GAAP equivalents in Appendix. 4. Includes an incremental $67M of air freight embedded in gross margin for full year 2022. 5. Non-GAAP adjustments include an expected: $55M in SG&A costs, primarily associated with the HEYDUDE acquisition, and an additional $75M of non-cash costs in cost of sales, primarily related to the write up of HEYDUDE inventory costs to fair market value at the close of acquisition for full year 2022. 20
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