Crocs, Inc. has reported an impressive performance for the first quarter of 2025, with earnings surpassing expectations. The company achieved an adjusted earnings per share (EPS) of $2.61, significantly outpacing the Zacks Consensus Estimate of $2.13 and representing a 27.3% growth compared to the previous year, according to Zacks. Consolidated revenues also saw a striking increase, rising 33.9% year-over-year to reach $884.2 million, again beating the estimated $860 million.

Breaking down the revenue growth by brand, Crocs reported a 19.0% increase in revenues for its core Crocs Brand, totaling $648.8 million. The HEYDUDE Brand stood out with an impressive revenue surge of 104.8%, hitting $235.4 million. Operational efficiency improvements were also notable, with an adjusted gross margin increase of 30 basis points to 54.2%, and the adjusted operating margin expanding by 130 basis points to 27.9%.

For the full year 2025, Crocs is forecasting a revenue growth between 2% and 2.5%, with adjusted EPS projected to range from $12.70 to $13.15. In a move to boost shareholder value, the company announced a $1 billion increase in its share repurchase authorization, taking the total available for buybacks to approximately $1.3 billion. Reuters highlighted Crocs' continued strategic efforts to sustain growth and deliver value to its shareholders.