Crocs (CROX) Q1 FY26 earnings call

Crocs delivered better-than-expected Q1 FY26 results, driven by strong direct-to-consumer performance for both brands and positive consumer response to new product introductions. Despite overall revenue declines and gross margin pressure from tariffs and product mix, the company raised its full-year revenue outlook for HEYDUDE, signaling confidence in its strategic initiatives. Management remains focused on diversified growth, inventory management, and returning cash to shareholders, while closely monitoring geopolitical impacts and supply chain costs.