Crocs says it's on track to meet its goals despite supply chain disruptions

Published: Oct. 21, 2021 astatine 7:23 a.m. ET

Crocs Inc. banal jumped 7.8% successful Thursday premarket trading aft the footwear institution reported third-quarter net and gross that bushed expectations. Net income totaled $153.5 million, oregon $2.42 per share, up from $61.9 million, oregon 91 cents per stock past year. Adjusted EPS of $2.47 bushed the FactSet statement of $1.87. Revenue totaled $625.9 million, up from $361.7 cardinal past twelvemonth and besides up of the FactSet statement for $606.8 million. Crocs says that it was impacted by mill closures successful Vietnam owed to COVID-19. Still, the institution says it's connected way to execute some long- and short-term goals. For afloat twelvemonth 2021,...