Fashion
Crocs Sees Best Sales Ever With Pandemic Giving Clogs New Life
Photographer: Andrey Rudakov/Bloomberg
Crocs Inc. is on track to report its best annual sales ever as the pandemic gives new life to its colorful clogs. The shares surged.
Revenue for 2020 will climb more than 12% to about $1.4 billion, a record high, the company said Monday in a statement. That’s well above Crocs’ earlier forecast for sales growth of no more than 7%.