Crocs are mainstream now. Collaborations with the likes of Balenciaga, Justin Bieber, and Bad Bunny have skyrocketed the slipper brand to success — so much so that Crocs reported a second quarter revenue of $641 million, a 93 percent increase in comparison to 2020. Additionally, the company shared diluted earnings per share of $4.93, a whopping increase from the $1.47 per share it reported last quarter. “We continue to see strong consumer demand for the Crocs brand globally. On the back of record second quarter results and continued momentum, we are raising our full year 2021 guidance,” said Andrew Rees, Crocs CEO in a statement.
“I believe we can deliver sustained, highly profitable growth while having a positive impact on our planet and our communities.” —
Andrew Rees, CEO of Crocs