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Footwear News on MSNCrocs CEO Andrew Rees on Tariffs: Vietnam Concerns Loom, Industry To ‘Go Up In Terms Of Price'Crocs CEO Andrew Rees said Vietnam, representing "a huge amount of production for us," is a concern if reciprocal tariffs ...
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RetailWire on MSNCrocs CEO Warns of Price Hikes Due to Tariffs as Company Suspends 2025 GuidanceCrocs Inc. CEO Andrew Rees provided a wealth of information to analysts during a May 8 conference call, perhaps most notably ...
SG&A expense increased 7.8 percent to $319 million. On an adjusted basis, SG&A expense grew 17.8 percent to $319 million, ...
The Broomfield-based company's CEO said costs would significantly increase under Trump administration tariffs.
CEO Andrew Rees highlighted the company's Q1 2025 revenue of $937 million, exceeding guidance expectations. The Crocs brand revenue grew 4% year-over-year, driven by international and North ...
Our financial strength enabled us to return shareholder value through $61 million in share repurchases, while remaining well within our net leverage target range," said Andrew Rees, Chief ...
Crocs yanked its guidance for the year on Thursday, citing “the new global trade environment as well as business and consumer uncertainty,” according to a statement from CEO Andrew Rees.
While Crocs Inc. CEO Andrew Rees sees pricing as a potential lever to mitigate against tariff impacts, he said Vietnam remains a big concern. “Depending on the level of incremental costs that ...
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