Crocs updates financial guidance and realigns segment reporting to Crocs Brand and HEYDUDE Brand

Crocs, Inc.

Recast segment data: FY2022 Crocs Brand revenue $2.659B (op income $852M), HEYDUDE revenue $896M (op income $211M).
Q3 2023 Crocs revenue $799M (op income $297M); HEYDUDE revenue $247M (op income $32M).
Enterprise corporate costs for FY2022 were $213M; segment change reflects management's new evaluation approach.
Press release (text not provided) announces updated 2024 financial guidance and ICR Conference participation.

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