Crocs Investor Presentation Deck
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BRAND PERFORMANCE
CROCS BRAND FY HIGHLIGHTS
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Revenues +19% CC vs. PY (1)
North America DTC comparable sales +12% (1)
EMEALA +47% CC vs. PY (1)
Asia Pacific +47% CC vs. PY (1)
Launched innovative digital marketing campaigns with several
collaborators, like Karol G, Spotify, and many others
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Crocs named "Accessories Product of the Year" by Universal for our
Jurassic World collection
Adj. Gross Margin decreased 500 bp driven by ~220 basis points of air
freight investment, ~190 basis points of higher freight and inventory
handling costs and ~150 basis points of inflationary costs. Currency
negatively impacted gross margin by ~90 basis points.
1.
2.
Revenues
Adj. Gross Margin (2)
Adj. SG&A as % of Revenue (2)
Adj. Operating Margin (2)
FY 2022
$2.7B
56.7%
23.7%
33.0%
B/(W) vs. PY
+19.4% (1)
(500) bp
40 bp
(450) bp
2
Revenue growth on a constant currency basis, which is a Non-GAAP Financial Measure. See further details in Appendix.
See reconciliation to GAAP equivalents in Appendix.
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