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Crocs Earning Call

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I listened to Crocs earning call this evening. The numbers look good, it beats the Street expecation as I expected. They also raised Q1 2007 and 2007 full year guidance. Some of the interesting developments:

1) Nascar cross licensing (cross sell). Since they started Disney relationship in summer 2006, they expanded to NFL, NCAA football, NHL (looking for Canada market).

2) International: UK did very well, european is the main growth driver now; build up in Brazil now, expect good growth there (products match Brazilian life style well); China and India (may be significant in 2008). Disney relationship expanded from US to many international markets.

3) New shoes and aquisitions. Less dependent on the Beach and Cayman shoes.

1 thought on “Crocs Earning Call

  1. I just don’t see Dale Earnhardt wearing a pair or Crocs Shoes.

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