Crocs jumps on strong Q1 report
Crocs, Inc. (CROX) is up 5.2% Tuesday morning. The stock gapped higher after the shoemaker reported first-quarter earnings of 15 cents per share, topping the 11 cents estimate. The company had sales of $283.1 million during the quarter versus the consensus $271.9 million. The company forecast sales for the current period would fall in a range of $315 million to $325 million, while analysts had previously forecast $310 million.
Crocs, Inc. (CROX) makes footwear and accessories.
Dean Foods Company (DF) and Expeditors International of Washington, Inc. (EXPD) top the list of other companies with positive news today, while Hertz Global Holdings, Inc. (HTZ) and The Hain Celestial Group, Inc. (HAIN) top the list of companies with negative news.