Crocs Investor Presentation Deck slide image

Crocs Investor Presentation Deck

cr CS cr CS CI OC! Cl BUSINESS HIGHLIGHTS CROCS, INC. HAD AN EXCEPTIONAL 2022 ā— ā— 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 - 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 - * 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