(Crocs) Crocs’ revenue increased to $626 million in the third quarter of 2021, from $362 million in the same period of last year.
The retailer’s net revenue for the nine months ended September was $1.7 billion, an increase compared to $974 million in the same period of 2020.
Crocs’ net income increased to $153 million from $62 million in the third quarter of last year. The income for the nine months to September 2021 increased to $571 million from $130 million in the corresponding period of 2020.
Crocs projects that its revenue rise in FY2021 will range between 62%% and 65% compared to $1.4 billion recorded in the 2020 full year.
The company projects the revenue increase in 2022 full-year results to exceed 20% compared to 2021.
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