HighGravityDataCrocs — Apr 30, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001334036-26-000029
Showing in the filing
GAAP effective tax rate
“approximately 23%”
Period
FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 22
Revenues for Q2 FY2026
“down slightly compared to the second quarter of 2025”
Crocs Brand revenue growth for Q2 FY2026
“up approximately 1% to 3% compared to the second quarter of 2025”
Crocs Brand for Q2 FY2026
“up approximately 1% to 3%”
HEYDUDE Brand revenue growth for Q2 FY2026
“down approximately 14% to 12% compared to the second quarter of 2025”
HEYDUDE Brand for Q2 FY2026
“down approximately 14% to 12%”
Adjusted operating margin for Q2 FY2026
“approximately 24.7%”
Adjusted diluted earnings per share for Q2 FY2026
“$4.15 to $4.35”
Revenues for FY2026
“down approximately 1% to up 1%”
Crocs Brand revenue growth for FY2026
“flat to up approximately 2% compared to full year 2025”
Crocs Brand for FY2026
“flat to up approximately 2%”
HEYDUDE Brand revenue growth for FY2026
“down approximately 7% to 5% compared to full year 2025”
HEYDUDE Brand for FY2026
“down approximately 7% to 5%”
Non-GAAP adjustments for FY2026
“approximately $25 million”
Adjusted operating margin for FY2026
“expand modestly from 22.3%”
GAAP effective tax rate for FY2026
“approximately 23%”
Capital expenditures for FY2026
“$70 million to $80 million”
GAAP operating margin for FY2026
“>21.7%”
Non-GAAP operating margin for FY2026
“>22.3%”
Non-GAAP effective tax rate for FY2026
“18%”
GAAP diluted earnings per share for FY2026
“$12.01 to $12.56”
Non-GAAP adjustments (diluted EPS) for FY2026
“$1.19”
Non-GAAP diluted earnings per share for FY2026
“$13.20 to $13.75”
Exhibit 99.1 · the passage around this item
… earlier in the release
◦ HEYDUDE Brand to be down approximately 7% to 5% compared to full year 2025, up from our previous guidance of down 9% to 7%. • Non-GAAP adjustments to be approximately $25 million primarily associated with our cost reduction initiatives. 2 • Adjusted operating margin to expand modestly from 22.3%. • GAAP effective tax rate to be approximately 23% and adjusted effective tax rate to be approximately 18%. • Adjusted diluted earnings per share to be in the range of $13.20 to $13.75, up from our previous guidance range of $12.88 to $13.35. Adjusted diluted earnings per share guidance does not assume any impact from potential future share repurchases. • Capital expenditures of $70 million to $80 million. Conference Call Information A conference call to discuss first quarter results is scheduled for today, Thursday, April 30, 2026, at 8:30 am ET. To receive conference call details, please register at the Investor Relations section of the Crocs website, investors.crocs.com. The webcast will also be available live and on replay through April 30, 2027, at this site. About Crocs, Inc.: Crocs, Inc. (Nasdaq: CROX), headquartered in Broomfield, Colorado, is a world leader in innovative casual footwear for all, combining comfort and style with a value that consumers know and love. The Company's brands include Crocs and HEYDUDE, and its products are sold in more than 85 countries through wholesale and direct-to-consumer channels. For more information on Crocs, Inc. visit investors.crocs.com. To learn more about our brands, visit www.crocs
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.