
Ugly no more: Crocs sales surge
CNN
On Tuesday, Crocs reported that sales surged 64% in its first quarter, to $460 million. The company also raised its 2021 sales forecast, saying it now expects revenue for the year to increase between 40% and 50%, up from its previous guidance of a 20% to 25% increase.
Investors cheered the news, boosting Crocs (CROX) shares up over 16% to $98.98 on the Nasdaq.
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