Niwot, Colo., August 27, 2009 – Known for bringing innovative footwear to market, Crocs, Inc. (NASDAQ: CROX) today announced its newest iconic style – the Crocband. The next generation of Crocs’ celebrated Beach and Cayman styles, the Crocband Collection combines the very best features of Crocs original designs including world renowned comfort with the timeless appeal of retro sneakers.
The Hague, Holland – August 7, 2009
“We are completely free of bank debt and have $77.5 million in cash and cash equivalents. We are on track with re-structuring activities in Europe necessary due to the economic downturn, a previous high growth spiral and sufferings from parallel imports and knock-offs. Where the focus has been in [...]
NIWOT, COLORADO – August 6, 2009 – Crocs, Inc. (NASDAQ: CROX) today reported financial results for the second quarter ended June 30, 2009.
Second Quarter Revenue of $198 Million Exceeds Guidance
Cash Increases 50% to $78 Million in First Half of 2009
Announces Full Repayment of Outstanding Credit Facility
Reduces Inventory 22% Since Year End 2008