Crocs Investor Presentation Deck
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BUSINESS HIGHLIGHTS
CROCS, INC. HAD AN EXCEPTIONAL 2022
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Revenues of ~$3.6B with growth of 58% constant currency
Crocs Brand revenues +15% to ~$2.66B, or +19% constant currency
HEYDUDE Brand revenues of $896M; on a pro forma basis** revenues increased ~70% to nearly
$1B
Reported industry-leading adjusted operating margin of ~27.7%*
HEYDUDE acquisition continues to outperform from a growth, consumer resonance and profit
perspective. Upon acquisition, expected pro forma** revenues of $700M-$750M, and revenues were
nearly $1B in 2022
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Strong cash flow drove ~$550M reduction in borrowings from $2.9B in Q1 to $2.3B in Q4
Repaid $300M on Term Loan B in Q4
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* See reconciliation to GAAP equivalents in Appendix.
** Pro forma includes HEYDUDE for the period prior to acquisition close (assuming the acquisition had closed on the first day of such trailing twelve month period).View entire presentation