2011 News

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December 19, 2011
Crocs, Inc. Obtains New $70 million 5-Year Revolving Credit Agreement
NIWOT, Colo.--(BUSINESS WIRE)--Dec. 19, 2011-- Crocs, Inc. (NASDAQ: CROX) announced today that the Company entered into an amended and restated credit agreement, effectively replacing the existing $30M asset backed line of credit set to expire September 2014 with a five-year $70M secured revolving line of credit. The loan is provided by PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. (NYSE:PNC). JPMorgan and Wells Fa... 
November 15, 2011
Crocs Launches New Branded Retail Store Design in Three U.S. Mall Locations
New Look Improves the Shopping Experience While Showing Off Expanded Four-Season Product Line NIWOT, Colo.--(BUSINESS WIRE)--Nov. 15, 2011-- Crocs, Inc. (NASDAQ: CROX) opens the doors to three new concept stores this week. The new shops are designed to drive a holistic, engaging approach to the Crocs retail experience. They are located in three busy shopping destinations: Mall of America in Bloomington, Minn.; Barton Creek in Au... 
October 27, 2011
Crocs, Inc. Reports 2011 Third Quarter Financial Results
Third Quarter Revenue Increased 27.5% to $274.9 million Cash Increased 54.1% to $220.4 million Consolidated Backlog up 30.3% NIWOT, Colo., Oct 27, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today reported financial results for the third quarter ended September 30, 2011. Revenue for the third quarter of 2011 increased 27.5% to $274.9 million compared to revenue of $215.6 million in the third quarter of 2010. Net income for the third quarter of 2011 increas... 
October 21, 2011
Crocs, Inc. Announces Reporting Date for Third Quarter Fiscal 2011 Financial Results and Conference Call
NIWOT, Colo., Oct 21, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced that it will release the results of its third quarter ended September 30, 2011 on Thursday, October 27, 2011 at approximately 4:00 p.m. Eastern Time. At 5:00 p.m. Eastern Time that same day, the Company will host a conference call to discuss these results. The live broadcast will be available by clicking the 'Investor Relations' link under the Company section on www.cro... 
October 17, 2011
Crocs, Inc. Revises Third Quarter 2011 Revenue and Earnings Guidance
NIWOT, Colo., Oct 17, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today revised its revenue and earnings guidance for the third quarter ended September 30, 2011. For the third quarter of 2011, the Company now expects revenue to be in the range of $273.0 to $275.0 million, an increase of approximately 27% over the $215.6 million of revenue reported in the third quarter last year. This compares to the Company's previous guidance for third quarter ... 
September 14, 2011
Crocs, Inc. Introduces New Golf Shoe Collection
New styles developed with world-renowned golf instructor Hank Haney NIWOT, Colo., Sep 14, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced a new golf line designed in partnership with internationally-recognized golf instructor Hank Haney. The Crocs Golf with Hank Haney collection will launch in the spring of 2012 and feature a number of men's and women's styles that can be worn both on and off the course. The new collection strikes... 
August 18, 2011
Crocs, Inc. Awarded Ladies' Home Journal 'Do Good' Stamp
Crocs Caresâ" program recognized for global shoe donations and community support NIWOT, Colo., Aug 18, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced that the company has been awarded the 'Do Good' Stamp from Ladies' Home Journal. The 'Do Good' stamp is given quarterly to corporations that are dedicated to doing good and making the world a better place. The award is in recognition of Crocs' corporate social responsibil... 
August 03, 2011
Crocs, Inc. Sends Kids Back to School in Style with New Fall Kids' Collection
New 'School Approved' symbol makes back to school shopping simple for parents NIWOT, Colo., Aug 03, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced the introduction of its new fall kids' collection, perfect for the back to school season. All of the new styles are not only fun, lightweight and incredibly comfortable, everything kids love about Crocs(TM) shoes, but they also carry a new 'School Approved' symbol parents can feel g... 
July 29, 2011
Crocs, Inc. Showcases Product Evolution at WSA Show
NIWOT, Colo., Jul 29, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX), revealed its new spring/summer 2012 footwear line at the World Shoe Association (WSA) trade show in Las Vegas this week. The new line, which includes more than 40 styles, features Crocs' signature comfort combined with innovative designs that demonstrate the evolution of key collections. Retailers can view the new 2012 styles at the Crocs WSA booth (#5018) at the Sands Expo Ce... 
July 27, 2011
Crocs, Inc. Reports 2011 Second Quarter Financial Results
Second Quarter Revenue Increased 29.6% to a Record $295.6 Million Second Quarter Diluted EPS Increased 64.9% to $0.61 Backlog at June 30, 2011 Increased 41.9% to $168.1 Million NIWOT, Colo., Jul 27, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today reported financial results for the second quarter ended June 30, 2011. Revenue for the second quarter of 2011 increased 29.6% to $295.6 million compared to revenue of $228.0 million reported in the second quarter of ... 
July 21, 2011
Crocs, Inc. Announces Reporting Date for Second Quarter Fiscal 2011 Financial Results and Conference Call
NIWOT, Colo., Jul 21, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced that it will release the results of its second quarter ended June 30, 2011 on Wednesday, July 27, 2011 at approximately 4:00 pm Eastern Time. At 5:00 pm Eastern Time that same day, the Company will host a conference call to discuss these results. The live broadcast will be available by clicking the 'Investor Relations' link under the Company section on www.crocs.com ... 
June 29, 2011
Crocs, Inc. Announces Changes to Board of Directors
NIWOT, Colo., Jun 29, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced that Richard Sharp, chairman of the board of directors, has retired from his position and from Crocs' board of directors, following a leave of absence in December 2010. Thomas Smach has been appointed chairman of the board, effective immediately. Doreen Wright has been appointed to the board, also with immediate effect. Mr. Smach commented, "Rick's leadership has b... 
June 23, 2011
Crocs CEO John McCarvel Receives Turnaround Executive of the Year Stevie Award(R) at 9th Annual American Business AwardsSM
NIWOT, Colo., Jun 23, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced that John McCarvel, the company's chief executive officer and president, was awarded the Stevie Award for turnaround executive of the year at the 2011 American Business Awards, which were held on Monday, June 20, 2011. McCarvel was honored for his role in leading Crocs' turnaround strategy over the past year, which helped the company return to profitable growth ... 
June 13, 2011
Crocs, Inc. Donates Emergency Relief Supplies to Tornado Survivors
Donations made to Missouri and Alabama families in recent months NIWOT, Colo., Jun 13, 2011 (BUSINESS WIRE) --Today, Crocs, Inc., in partnership with Feed The Children, is again helping thousands of victims affected by the recent devastating tornados in Missouri by providing disaster relief items for distribution by Operation Compassion to those in Joplin. This follows a donation last month to the Birmingham Salvation Army for tornado survivors. In recent ... 
June 03, 2011
Crocs, Inc. To Present at the Piper Jaffray 31th Annual Consumer Conference
NIWOT, Colo., Jun 03, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced that the Company will present at the Piper Jaffray 31st Annual Consumer Conference in New York on June 9, 2011 at 1:10 pm Eastern Time. The live broadcast will be available by clicking the 'Investor Relations' link under the Company section on www.crocs.com . An audio replay of the webcast will be available on the Crocs website after the presentation. Inter... 
May 27, 2011
Crocs, Inc. Hosts Inaugural Global Sales Meeting
Meeting follows record setting 1st quarter and celebrates the future of the company NIWOT, Colo., May 27, 2011 (BUSINESS WIRE) --Today, Crocs, Inc. (NASDAQ: CROX) wrapped up its inaugural global sales meeting in Denver, Colo. Crocs employees from more than 50 countries attended the 2012 sales meeting to preview next season's new product offerings, fortify the company's forward momentum over the past 18 months and to kick off Crocs' 10th annivers... 
May 04, 2011
Crocs, Inc. Expands Innovative Product Line with Kids' Color-Changing Shoes
Crocs Chameleons(TM) shoes to launch in mid-May with exclusive pre-sale NIWOT, Colo., May 04, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced the launch of Crocs Chameleons(TM), a new color-changing shoe line. The new collection combines Crocs' proprietary closed-cell resin Croslite(TM) material with photochromic technology for the first color-changing technology in molded footwear. The Crocs Chameleons(TM) shoes will be available to t... 
May 04, 2011
Crocs, Inc. to Webcast Institutional Investor / Analyst Event
NIWOT, Colo., May 04, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) announced that the Company's Institutional Investor/Analyst Event will be broadcast live over the internet on Monday, May 9, 2011. The live broadcast will be available by clicking the 'Investor Relations' link under the Company section on www.crocs.com. The event is scheduled to begin at approximately 12:00 p.m. Mountain Time and is expected to last for approximately 3 hours. An archiv... 
April 28, 2011
Crocs, Inc. Appointments Jeff Lasher as New Chief Financial Officer
NIWOT, Colo., Apr 28, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) announced today that Jeff Lasher has been appointed Chief Financial Officer, effective April 28, 2011. Mr. Lasher has served as Crocs' principal accounting officer and interim principal financial officer since January 2011. Additionally, he was the Company's Corporate Controller since June 2009. Prior to joining Crocs, Mr. Lasher was a Senior Consultant for Connelly Consulting, a ... 
April 28, 2011
Crocs, Inc. Reports 2011 First Quarter Financial Results
First Quarter Revenue Increased 35.9% to a First Quarter Record $226.7 Million First Quarter Diluted EPS Increased 242.9% to $0.24 NIWOT, Colo., Apr 28, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today reported financial results for the first quarter ended March 31, 2011. Revenue for the first quarter of 2011 increased 35.9% to $226.7 million compared to revenue of $166.9 million reported in the first quarter of 2010. Net income for the first quart... 
April 21, 2011
Crocs, Inc. Announces Reporting Date for First Quarter Fiscal 2011 Financial Results and Conference Call
NIWOT, Colo., Apr 21, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced that it will release the results of its first quarter ended March 31, 2011 on Thursday, April 28, 2011 at approximately 4:00 pm Eastern Time. At 5:00 pm Eastern Time that same day, the Company will host a conference call to discuss these results. The live broadcast will be available by clicking the 'Investor Relations' link under the Company section on www.crocs.com ... 
March 29, 2011
Crocs, Inc. Donates 100,000 Pairs of Shoes to Japanese Earthquake and Tsunami Victims
Shoes to be distributed to those most in need NIWOT, Colo., Mar 29, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced that it has donated 100,000 pairs of shoes to Feed The Children and other organizations, which will work to distribute to those hardest hit by the recent earthquake and resulting tsunami. Crocs is also orchestrating ways for consumers to donate at Crocs retail stores and online at crocs.com, with proceeds benefiti... 
March 22, 2011
Crocs, Inc. Refreshes Look for Spring and Summer with New Translucent Collection
Fashion-forward evolution inspires "New Crocs, New You" consumer makeover contest NIWOT, Colo., Mar 22, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced the introduction of the new translucent collection, more fashion-forward styles inspired by this season's shimmer trends. Inspired by Crocs' updated product line, consumers are encouraged to participate in the "New Crocs, New You" wardrobe makeover contest with nationall... 
March 01, 2011
Federal Court Dismisses Securities Class Actions against Crocs, Inc.
NIWOT, Colo., Mar 01, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) announced today that the United States District Court for the District of Colorado yesterday entered an Order granting Crocs' motion to dismiss the plaintiffs' Corrected Amended Consolidated Class Action Complaint in In re Crocs, Inc. Securities Litigation, Civil Action No. 07-cv-02351-PAB. This litigation started in 2007, when various plaintiffs filed federal securities class action ... 
February 25, 2011
Crocs, Inc. Appoints New Chief Marketing Officer
NIWOT, Colo., Feb 25, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced that it has named Andrew Davison as chief marketing officer. Davison will be responsible for leading all aspects of Crocs' marketing including the company's advertising, consumer promotions and online communications campaigns. Prior to joining Crocs, Davison served as senior director of digital innovation at Crispin Porter & Bogusky (CP+B). While at CP+B, Davison ... 
February 24, 2011
Crocs, Inc. Reports 2010 Fourth Quarter and Full Year Financial Results
Fourth Quarter Revenue Increased 32% to $179 Million Fourth Quarter Diluted EPS Improved to $0.05 Full Year 2010 Revenue Increased 22% to $790 Million Full Year 2010 Diluted EPS Improved to $0.76 Year-End Cash Increased 88% to $145.6 million 2010 Year-End Backlog Increased 57% NIWOT, Colo., Feb 24, 2011 (BUSINESS WIRE) -- Crocs, Inc. (NASDAQ: CROX) today reported financial results for the fourth quarter and fiscal year ended December 31, 2010. Revenue for the fourth quarter of 2010... 
February 17, 2011
Crocs, Inc. Announces Reporting Date for Fourth Quarter and Fiscal 2010 Financial Results and Conference Call
NIWOT, Colo., Feb 17, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ:CROX) today announced that it will release the results of its fourth quarter and year ended December 31, 2010 on Thursday, February 24, 2011 at approximately 4:00 pm Eastern Time. At 5:00 pm Eastern Time that same day, the Company will host a conference call to discuss these results. The live broadcast will be available by clicking the 'Investor Relations' link under the Company section on ww... 
January 06, 2011
Crocs, Inc. Welcomes New Senior Creative Director
NIWOT, Colo., Jan 06, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) today announced the appointment of Becky Gebhardt to the company's newly created position of senior creative director. A 15-year advertising veteran with a prestigious track record, Gebhardt will be responsible for driving concept creation for Crocs' multi-channel sales and brand strategies, as well as for the online and in-store Crocs customer experience. "Gebhardt has an extraor... 
January 04, 2011
Crocs, Inc. to Present at 13th Annual ICR XChange Conference
NIWOT, Colo., Jan 04, 2011 (BUSINESS WIRE) --Crocs, Inc. (NASDAQ: CROX) announced today that the Company will present at the 13th Annual ICR XChange Conference in Dana Point, California on January 12, 2011 at 10:20 am Pacific Time. A live broadcast of the Company's presentation will be available by clicking the 'Investor Relations' link under the Company section on www.crocs.com . An audio replay of the webcast will be available on the Crocs website ...