Crocs posts 42-percent slide in 2Q profit

NIWOT — Shoemaker Crocs Inc. (Nasdaq: CROX) on Thursday reported a decline in profits for its second quarter that ended June 30 compared with the same period a year ago.

The Niwot-based company posted a profit of $13.4 million on sales of $347.7 million for the quarter, compared with a profit of $23.3 million on sales of $376.9 million for the second quarter of last year.

Earnings per share for the quarter was 11 cents, a decline from 19 cents per share for the same period a year ago.

“We delivered second-quarter sales in line with…