CROX 50.75 Here's one I'll be looking at for puts tomorrow if it pops Trendy, ugly, holy clogs edit I see 57% short. might be a record. and options way overpriced ---
Press Release Source: Crocs, Inc.
Crocs, Inc. Reports Fiscal 2007 Second Quarter Financial Results Thursday July 26, 4:00 pm ET -- Second Quarter Revenues Increased 162% to $224.3 Million vs. $85.6 Million Last Year -- - Company Reports 2Q07 Diluted EPS of $0.58 vs. $0.19 Last Year- -- Company Issues 3Q07 Guidance of Revenues between $240 and $250 Million and Diluted EPS of $0.58 to $0.62 - -- Company Raises FY07 Guidance to Revenues of $810 to $820 Million and Diluted EPS of $1.89 to $1.93 -
NIWOT, Colo.--(BUSINESS WIRE)--Crocs, Inc. (NASDAQ: CROX - News) today reported the following record financial results for the quarter ended June 30, 2007.
ADVERTISEMENT Revenues for the quarter ended June 30, 2007 increased 162% to $224.3 million compared to $85.6 million for the quarter ended June 30, 2006. Net income for the quarter ended June 30, 2007 was $48.5 million, or $0.58 per diluted share, compared to $15.7 million, or $0.19 per diluted share, for the quarter ended June 30, 2006. Net income per diluted share amounts for the second quarters of 2007 and 2006 are adjusted to reflect the two-for-one stock split that took effect in June 2007. Gross profit for the second quarter of 2007 was $131.9 million, or 58.8% of revenues, compared to $47.0 million, or 54.8% of revenues for the second quarter of 2006. Selling, general and administrative expenses for the quarter ended June 30, 2007 was $63.5 million, or 28.3% of revenues, compared to $23.3 million, or 27.2% of revenues in the quarter ended June 30, 2006. |