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5 years ago
Crocs 2nd-quarter profit rises, shares up
July 25, 2012 / 8:16 PM / 5 years ago

Crocs 2nd-quarter profit rises, shares up

July 25 (Reuters) - Shoe maker Crocs Inc's quarterly profit rose as strong growth rate in Asia boosted revenue, sending its shares up 8 percent after the bell.

Net income for the quarter rose to $61.5 million, or 68 cents per share, up from $55.5 million, or 61 cents per share, a year earlier.

The company, known for its colorful clogs, said revenue rose 12 percent to $330.9 million. (Reporting by Aditi Shrivastava in Bangalore; Editing by Roshni Menon)

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