Retail  January 11, 2021

Crocs expects 2020 to be firm’s best year ever

This story was updated with Crocs’ closing share price.

BROOMFIELD — On the heels of a record setting third quarter revenue total, casual footwear maker Crocs Inc. (Nasdaq: CROX) expects the firm’s full year 2020 results to be its best ever. 

Crocs, in a filing Monday with the U.S. Securities and Exchange Commission, adjusted up its 2020 revenue guidance, indicating the firm expects revenue to grow more than 12%. In past disclosures, the company expected 5% to 7% growth for the year. 

All told, Crocs expects to rack up sales between $1.381…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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