HighGravityDataCrocs — Jul 30, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001334036-26-000050
Showing in the filing
Adjusted operating margin
“approximately 21.5%”
Period
Q3 FY2026
Measure
Company-defined measure
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
Third Quarter 2026 For the third quarter of 2026, we expect: • Revenues to be approximately flat compared to the third quarter of 2025, at currency rates as of July 27, 2026. ◦ Crocs Brand to be up approximately 1% compared to the third quarter of 2025. ◦ HEYDUDE Brand to be down approximately 3% to flat compared to the third quarter of 2025. • Adjusted operating margin to be approximately 21.5%. • Adjusted diluted earnings per share to be in the range of $3.20 to $3.30. Adjusted diluted earnings per share guidance does not assume any impact from potential future share repurchases. Conference Call Information A conference call to discuss second quarter results is scheduled for today, Thursday, July 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 July 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.com or www.heydude.com. Individuals can also visit https://investors.crocs.com/news-and-events/ and follow both Crocs and HEYDUDE on their social platforms. Forward Look
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.