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Crocs' (CROX) CEO Andrew Rees on Q2 2018 Results - Earnings Call Transcript

Aug. 07, 2018 3:22 PM ETCrocs, Inc. (CROX)
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Crocs, Inc. (NASDAQ:CROX) Q2 2018 Earnings Conference Call August 7, 2018 8:30 AM ET


Marisa Jacobs – Senior Director-Investor Relations

Andrew Rees – President and Chief Executive Officer

Carrie Teffner – Executive Vice President and Chief Financial Officer


Erinn Murphy – Piper Jaffray

Mitch Kummetz – Pivotal Research

Jonathan Komp – Baird

Steve Marotta – CL King & Associates

Jim Duffy – Stifel

Jim Chartier – Monness, Crespi and Hardt

Sam Poser – Susquehanna


Welcome to the Second Quarter 2018 Crocs Incorporated Earnings Conference Call. My name is Colin, and I will be your operator for today’s call. [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 for Crocs, Inc. Ms. Jacobs, you may begin.

Marisa Jacobs

Good morning, everyone, and thank you for joining us today for the Crocs second quarter 2018 earnings call.

Earlier this morning, we announced our second 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 laws. These statements include, but are not limited to, statements regarding future revenues, gross margin, 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 subject to risks and uncertainties, described in the Risk Factors section of our annual report on

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