Crocs: ugly no more

New York (CNN Business)There’s no end in sight for the ongoing love affair between Crocs, the maker of the often-mocked foam clog, and comfort-seeking consumers.

On Tuesday, Crocs reported that sales surged 64% in its first quarter, to $460 million. The company also raised its 2021 sales forecast, saying it now expects revenue for the year to increase between 40% and 50%, up from its previous guidance of a 20% to 25% increase.
 
Scroll to Top