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Footwear News

Crocs Raises EPS Guidance After Q2 Earnings and Sales Beat

Footwear News
Summary
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Crocs Inc. raised its earnings guidance for the year after reported better-than-expected results for the second quarter .

Revenues for the Hey Dude brand decreased 17.5 percent to $198 million , which reflected declines in both DTC and wholesale.

Hey Dude is still expected to be down between 10 and 8 percent .