Crocs Shares Jump 25.5% After Earnings as Company Raises 2026 Outlook

According to CNBC, Crocs shares surged 25.5% Thursday after the company reported third-quarter adjusted earnings of $3.69 per share, up 26.4%, on revenue of $1.04 billion, a 4.6% increase from a year earlier. HeyDude revenue grew 6.1% year over year, returning the brand to growth. Crocs raised its full-year revenue outlook to 3% growth from 2025, compared with previous guidance of 1% to 2%, and increased its adjusted earnings-per-share forecast to $14.45-$14.65 from $13.70-$14.00.