Crocs, Inc. Q1 2026 Financial Results

Crocs, Inc. reported first quarter 2026 results, with consolidated revenues of $921 million, a decrease of 1.7% year-over-year (4.0% on a constant currency basis). Direct-to-consumer revenues grew 12.1% (10.2% constant currency), while wholesale revenues decreased by 9.9% (12.5% constant currency). The Crocs brand saw a 0.8% revenue increase ($767 million), driven by DTC growth, while the HEYDUDE brand experienced a 12.3% decrease ($154 million). The company raised its full-year 2026 outlook, expecting revenues to be down 1% to up 1% compared to 2025, with adjusted diluted earnings per share projected between $13.20 and $13.75. This outlook reflects disciplined execution and strong consumer relevance across both brands, despite ongoing macroeconomic challenges.