Crocs (CROX) Q2 FY26 earnings call

The company delivered stronger-than-expected Q2 FY26 results, achieving record enterprise revenues and a significant milestone with the Crocs brand surpassing $1 billion in quarterly revenue. Despite tariff headwinds impacting gross margins and a business model shift affecting revenue recognition in North America, the company raised its full-year revenue and EPS guidance, underscoring confidence in its brand strategies and strong free cash flow generation, which supports substantial shareholder returns.