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Crocs — Jul 30, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001334036-26-000050
Open on SEC.gov ↗
Showing in the filing
Share repurchase authorization remaining available
“approximately $2.0 billion”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 19
Share repurchase authorization increase
“$1.5 billion”
Share repurchase authorization remaining ava…
“approximately $2.0 billion”
Revenues for FY2026
“up approximately 1% to 2% compared to full year 2025”
Crocs Brand revenue for FY2026
“up approximately 2% to 3% compared to full year 2025”
HEYDUDE Brand revenue for FY2026
“down approximately 4% to 2% compared to full year 2025”
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”
Revenues for Q3 FY2026
“approximately flat compared to the third quarter of 2025”
Crocs Brand revenue for Q3 FY2026
“up approximately 1% compared to the third quarter of 2025”
HEYDUDE Brand revenue for Q3 FY2026
“down approximately 3% to flat compared to the third quarter of 2025”
Adjusted operating margin for Q3 FY2026
“approximately 21.5%”
Adjusted diluted earnings per share for Q3 FY2026
“$3.20 to $3.30”
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
“$12.47 to $12.77”
Non-GAAP diluted earnings per share for FY2026
“$13.70 to $14.00”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Capital expenditures were $39 million compared to $32 million. Crocs, Inc. Upsizes Share Repurchase Authorization To $2.0 Billion On July 27, 2026, the Board approved a $1.5 billion increase to our share repurchase authorization, after which approximately $2.0 billion remained available for future common stock repurchases. Financial Outlook Full Year 2026 For 2026, we expect: • Revenues to be up approximately 1% to 2% compared to full year 2025, up from our previous guidance of down 1% to up 1%, at currency rates as of July 27, 2026. ◦ Crocs Brand to be up approximately 2% to 3% compared to full year 2025, up from our previous guidance of flat to up 2%. ◦ HEYDUDE Brand to be down approximately 4% to 2% compared to full year 2025, up from our previous guidance of down 7% to 5%. • Non-GAAP adjustments to be approximately $25 million primarily associated with our cost reduction initiatives. • 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 $13.70 to $14.00, up from our previous guidance range of $13.20 to $13.75. Adjusted diluted earnings per share guidance does not assume any impact from potential future share repurchases. 2 • Capital expenditures of $70 million to $80 million. Third Quarter 2026 For the third quarter of 2026, we expect: • Revenues to be approximately flat
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.