** charts before earnings **
** charts after earnings **
** 2 weeks later **
Crocs beats by $0.01, beats on revs; guides Q2 revs below consensus :
- Reports Q1 (Mar) earnings of $0.07 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.06; revenues rose 6.4% year/year to $279.1 mln vs the $266.54 mln Capital IQ Consensus.
- Comp Store Sales +2.9%
- Direct to Consumer Comp Store Sales +12.2%
- Co issues downside guidance for Q2, sees Q2 revs of $340-350 mln vs. $358.37 mln Capital IQ Consensus Estimate.
- Revenue growth is anticipated to be in the mid-single digits, on a constant currency basis, in the first half of the year compared to the first half of 2015.
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