Crocs hikes guidance ahead of ICR presentation

|By:, SA News Editor

Crox (NASDAQ:CROX) updates guidance ahead of its presentation at the ICR Conference.

The retailer sees Q4 sales of $195M to $198M vs. $180M to $190M prior range.

Crox also expects to report gross margin of 45% of sales vs. 43% prior estimate and 42% a year ago.

Shares of Crocs are up 1.07% premarket to $12.33.