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Crocs (CROX) Q1 2018 Results - Earnings Call Transcript

May 08, 2018 11:17 AM ETCrocs, Inc. (CROX)
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Crocs, Inc. (NASDAQ:CROX) Q1 2018 Earnings Call May 8, 2018 8:30 AM ET


Marisa Jacobs - Crocs, Inc.

Andrew Rees - Crocs, Inc.

Carrie W. Teffner - Crocs, Inc.


Mitch Kummetz - Pivotal Research Group LLC

James Vincent Duffy - Stifel, Nicolaus & Co., Inc.

Jonathan R. Komp - Robert W. Baird & Co., Inc.

Steven L. Marotta - C.L. King & Associates, Inc.

Eric Johnson - Piper Jaffray & Co.

Sam Poser - Susquehanna Financial Group LLLP


Welcome to the [Technical Difficulty] (00:04). My name is Hilda, and I will be your operator for today. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions] Please note that this conference is being recorded.

I will now turn the call over to Ms. Marisa Jacobs, Senior Director of Investor Relations at Crocs Incorporated. Ms. Jacobs, you may begin.

Marisa Jacobs - Crocs, Inc.

Good morning, everyone, and thank you for joining us today for the Crocs' first quarter 2018 earnings call. Earlier this morning, we announced our first quarter results and a copy of the press release can be found on our website at crocs.com. We would like to remind you that some of the information provided on this call is forward-looking and accordingly is subject to the Safe Harbor provisions of the federal securities law.

These statements include, but are not limited to, statements regarding future revenues, gross margins, SG&A expenses, income from operations, adjusted EBITDA, and our product pipeline. Crocs is not obligated to update these forward-looking statements to reflect the impact of future events.

Adjusted EBITDA is a non-GAAP measure. A reconciliation of this amount to income from operations is contained in the Crocs' investor presentation posted on our website. We caution you that all forward-looking statements are

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