Crocs raised its full-year outlook for a third consecutive time as quarterly revenue rose 4.6% to $1.04 billion, helped by overseas growth and a return to growth at HEYDUDE. Adjusted operating income grew 11.7%, and adjusted gross margin rose to 60.3% from 58.5%. A one-time $64 million tariff refund was excluded from adjusted earnings, while adjusted diluted EPS grew 26.4% to $3.69, helped by a diluted share count down about 11%. Crocs brand revenue rose 4.4% to $873 million, with international up 11.8% and North America down 2.1%; HEYDUDE revenue rose 6.1% to $170 million. Management now expects full-year revenue growth of about 3%, up from 1% to 2%.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related news
- Crocs' Mixed Investor Sentiment Hinges on North America Sales Trends, UBS Says
- Dollar Store Stocks Slide as Selling Hits Discount Retail: Dollar Tree and Dollar General Drop 6%
Dollar Tree shares fell 6% to $123.50 (up 0.4% YTD) and Dollar General fell 6% to $131.27 (up 0.5% YTD), far more than the 2% drop in the SPDR S&P Retail ETF to $87.58. Neither company has issued a press release since late September, and both raised full-year guidance at their latest reports. The article points to weaker consumer sentiment, with the University of Michigan index falling to 48.1 in September from 51.7 in August, and notes that Dollar Tree's Q2 FY2026 GAAP diluted EPS of $2.70 included $1.31 per share from tariff refunds. Dollar Tree's adjusted full-year EPS outlook is $7.70 to $8.05, while its Q3 guidance of $0.80 to $0.95 absorbs an approximately $0.50 hit from reinvesting tariff refunds. The key test for the group is whether shoppers keep trading down to discount chains during the holiday season.
- Is Procter & Gamble a Buy After Its Latest Earnings Report?
P&G shares rose more than 5% after its fiscal 2027 first-quarter report showed organic sales up 4%, compared with 1% in the prior quarter, driven mainly by volume (2.4%) and mix (1.1%). The company kept its full-year organic sales guidance at 1%-3%, while core EPS rose 1% to $2.00 amid higher commodity costs and tariffs, and its adjusted EPS outlook of 0%-3% growth was reaffirmed. At about $165 a share, the stock trades near 23.5 times forward earnings, above the under-21 times level earlier this year but below its peak of more than 26x in late 2024. The author says the margin of safety is razor-thin after the rally: P&G remains a high-quality defensive dividend stock, but the risk is failing to return to mid-single-digit EPS growth, and waiting for a more favorable price may be preferable to buying after earnings.
- Why Is PepsiCo Stock Falling, and Is It a Buying Opportunity?
PepsiCo (PEP) shares are down about 14% over the past six months. Although third-quarter results were not bad, management cut full-year adjusted EPS guidance as North American sales recover more slowly than expected. The company had cut prices on core brands like Lay's and Doritos by up to 15% to attract value-sensitive consumers, but plans modest price increases in 2027, while inflation, tariffs and higher transportation costs add pressure. The article notes strong international performance and a lower guidance bar for next quarter, and says the stock's valuation, around 15 times forward earnings and a price-to-sales ratio slightly under 2, suggests it is fairly priced. As a Dividend King with at least 50 consecutive years of dividend increases and a yield above 4%, it is described as a defensive consumer goods stock for income-focused or patient investors.
- Which Foods Are Most Vulnerable to Import Tariffs ?
- Holiday toy prices surge as tariffs , war - driven energy costs squeeze shoppers
Toy prices in the U.S. surged ahead of the holiday season, rising 6.6% over the past year and 4.2% from August on a seasonally adjusted basis, faster than other consumer categories. Causes include tariffs on Chinese goods, since China makes most toys sold in the U.S., and higher oil prices linked to the Middle East war, which raise the cost of fossil-fuel-based plastics and shipping. Tariffs on Chinese goods have fallen from an initial 145% to 30% since May 2025, but a Basic Fun executive says current prices still reflect earlier higher rates and could ease over time if other global issues subside. Mattel and Hasbro have also reported rising costs and margin pressure. A Reuters/Ipsos poll through October 5 found only 21% of voters approved of President Trump's handling of cost-of-living issues.
Related markets
Latest news
- Public companies double share of blockchain revenue since 2022: Report
According to a 1kx report, public companies accounted for 16% of blockchain industry revenue in 2026, more than double their 7% share in 2022, while total industry revenue is projected to fall 28% year over year to roughly $100 billion. The study covers data from more than 2,600 protocols and earnings reports from 104 public companies through the third quarter, and credits the rising share to new listings such as Circle and growth at existing firms. Coinbase and Circle generated about $3.3 billion in combined blockchain-related revenue in the first half of 2026, while the six largest public companies accounted for roughly 50% to 60% of the group's revenue. In the third quarter, revenue from broader economic activity, including tokenized assets, payments and prediction markets, surpassed blockchain infrastructure revenue for the first time, at $5.3 billion versus $5.1 billion. The value of tokenized real-world assets rose about 51% over the past year to $39.54 billion, while tokenized equities surged 471% to $3.77 billion.
- Nasdaq Poised to Plunge as AI Stock Wipeout Follows Hot Inflation Data
Third-quarter GDP beat expectations at 3.4%, while inflation stayed at 3.6%, and traders now see an 80% chance of a Fed rate hike in December. The article covers the market's shift to risk-off sentiment and the biggest earnings movers of the morning, including Alphabet and ServiceNow.
- Not Nvidia. Not AMD. This Custom AI Chip Designer Could Outperform Both by 2030.
The article argues that Marvell Technology, which designs custom ASIC chips for hyperscalers, could outperform both Nvidia and AMD by 2030, and Nvidia CEO Jensen Huang has called Marvell a potential trillion-dollar company. Reuters reported that Marvell was in advanced talks to acquire Lumentum, which has an $84 billion market capitalization, and Marvell's stock fell more than 8% following the report. At its investor day, Marvell's management set a target of $70 billion to $90 billion in annual revenue by fiscal 2031, compared with $8.2 billion in fiscal 2026. The article illustrates that with adjusted EPS of about $30 and a P/E of 30, the stock could trade around $900 per share, implying a market capitalization of roughly $810 billion and about 309% upside from current prices.
- Coca-Cola Raised Its 2026 Outlook. I'd Still Wait for a Lower Price to Buy the Stock.
Coca-Cola posted a strong third quarter, with organic revenue up 7%, comparable EPS up 11% to $0.91, and a raised full-year outlook. Unit case volume rose 5%, led by India, China, Mexico and Brazil, while price/mix added just 1%. The author notes that about 3 points of the 11% EPS growth come from favorable currency and that a lower tax rate also helps, so some of this year's gains may not repeat in 2027, when the pending sale of African bottling operations is expected to be about a 2-point headwind. At around $92, shares trade at roughly 28 times adjusted earnings; the author would not invest more at this price and would like to see shares near $80.
- Chrome Can Now Pull Details From Your Gmail to Fill Out Web Forms
Google began rolling out Chrome's enhanced autofill on Oct. 28, letting Gemini search Gmail for order numbers, tracking information and flight bookings to fill web forms. The feature is for U.S. users with Personal Intelligence turned on, on desktop, Android and iOS; Google says sensitive data is encrypted and can be managed in Chrome settings. The announcement does not list credit cards or addresses as Gmail data and does not explain how encryption applies to the Gmail content Chrome reads. Google also revised its privacy policy effective Oct. 16, allowing personalized ads to use Gmail, Drive and Photos data if users choose to make it available to other Google services.
- 5 Best Autonomous Vehicle Stocks To Buy backed by Hedge Funds
Goldman Sachs' 2026 industry forecast projects a $415 billion global robotaxi market and a $560 billion autonomous-trucking market by 2035, and says autonomous trucks could be cost-competitive with human-driven trucks in the U.S. in 2028 as hardware cost falls from $125,000–150,000 to $35,000–40,000 per truck. Britain's Department for Transport opened applications for self-driving taxi, bus and private-hire pilots on May 22, 2026, requiring safety assessments, cybersecurity checks and local consent. Singapore's Land Transport Authority reported more than 11,500 unique riders on Punggol's autonomous shuttles by July 12, 2026, though fixed-route rides remain free. Dubai's Roads and Transport Authority reported more than four million robotaxi kilometers and 7,613 passenger trips, with 48 of its 144 vehicles in active operation, and reiterated a target of 25% autonomous trips by 2030.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.