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Non-Tech : CROX - Crocs Inc.
CROX 81.25-0.6%Nov 3 3:59 PM EST

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To: IKM who wrote (2)5/26/2006 3:34:10 PM
From: John Vosilla  Read Replies (1) of 57
 
CROX selling off now after raising guidance.

biz.yahoo.com

Crocs Shares Rise in Late Trading After Company Releases Boosted 2nd-Quarter Outlook

NIWOT, Colo. (AP) -- Shares of Crocs Inc. rose in aftermarket trading, after the sandal-maker boosted its second-quarter earnings and revenue guidance citing better-than-expected sales.
Crocs shares rose $2.90, or 11.2 percent, to $28.90 in aftermarket trading on the INET electronic exchange, after closing down 41 cents at $26 on the Nasdaq.

The company said it expects to earn 23 cents to 25 cents per share, on $62 million to $65 million in revenue, up from previous guidance of 21 cents to 22 cents per share on $53 million to $55 million in revenue.

The estimates include stock-option expenses.

Analysts polled by Thomson Financial expect earnings of 22 cents per share on $54.9 million in revenue.
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