Crocs Investor Presentation Deck
crocs™
HEYDUDE
ACCRETIVE
IS EXPECTED TO BE
TO CROCS' INDUSTRY-
LEADING GROWTH & MARGINS
Long-Term Revenue Growth*
Long-Term non-GAAP
Operating Margin*
crocs™
17%+
-26%+
HEYDUDE
20%+
-26%+
Attractive acquisition multiple of 13x
Expected to be immediately accretive to Crocs EPS
Ⓡ
Acquisition multiple assumes LTM EBITDA of $193M as of September 30, 2021. The multiple is also 13x assuming the midpoint of FY22E HEYDUDE Revenues ($725M) and -26.5% EBITDA margin, which
equates to $192M of 2022E EBITDA. Crocs long-term guidance provided here is on a pre-acquisition standalone basis. Long term for Crocs defined as expectation for 2022E through 2026E and for HEYDUDE
for PF 2021E through 2024E. Please refer to Appendix for definitions and Non-GAAP reconciliations.
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