Crocs — Apr 30, 2026 release

Financial Outlook Second Quarter 2026 For the second quarter of 2026, we expect: • Revenues to be down slightly compared to the second quarter of 2025, at currency rates as of April 27, 2026. ◦ Crocs Brand to be up approximately 1% to 3% compared to the second quarter of 2025. ◦ HEYDUDE Brand to be down approximately 14% to 12% compared to the second quarter of 2025. • Adjusted operating margin to be approximately 24.7%. • Adjusted diluted earnings per share to be in the range of $4.15 to $4.35. Adjusted diluted earnings per share guidance does not assume any impact from potential future share repurchases. Full Year 2026 For 2026, we expect: • Revenues to be down approximately 1% to up 1% compared to full year 2025, up from our previous guidance of down 1% to up slightly, at currency rates as of April 27, 2026. ◦ Crocs Brand to be flat to up approximately 2% compared to full year 2025. ◦ 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 f