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BRIEF-Crocs Inc reports Q1 earnings per share $0.08
May 10, 2017 / 11:13 AM / 4 months ago

BRIEF-Crocs Inc reports Q1 earnings per share $0.08

May 10 (Reuters) - Crocs Inc

* Crocs Inc. reports first quarter 2017 revenues and gross margin exceeding guidance; introduces second quarter 2017 guidance and updates full year outlook

* Q1 earnings per share $0.08

* Sees Q2 2017 revenue $305 million to $315 million

* Q1 earnings per share view $0.03 -- Thomson Reuters I/B/E/S

* Crocs Inc - qtrly revenues $267.9 million. Down 4.4% on a constant currency basis

* Crocs Inc - qtrly expects gross margin for q2 to be approximately 150 basis points higher than q2 of 2016

* Crocs Inc - expects 2017 revenues to be down low single digits compared to 2016

* Crocs Inc - continues to expect gross margin for 2017 to be approximately 50%

* FY2017 revenue view $1.02 billion -- Thomson Reuters I/B/E/S

* Q2 revenue view $322.6 million -- Thomson Reuters I/B/E/S

* Crocs Inc - expects gross margin for Q2 to be approximately 150 basis points higher than Q2 of 2016 Source text for Eikon: Further company coverage:

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