Anna Andreeva

Jonathan Komp

Adrienne Yih

Adrienne Yih-Tennant

Ashley Owens

Aubrey Tianello

Christopher Nardone

Jay Sole

Jim Duffy

Laura Champine

Rakesh Patel

Robert Drbul

Samuel Poser

Tom Nikic

Brooke Roach

Chris Nardone

Peter McGavick

Rick Patel

Sam Poser

- Crocs announced the appointment of **Patrick Reagan** as its new CFO, effective **September 22**.  **[1334036_tx_381239_1]** 
- The company reaffirmed its **Q3 guidance**, projecting overall sales to decline **9% to 11%**, with the majority of this compression coming from Hey Dude, and the Crocs brand experiencing low single-digit declines.  **[1334036_tx_381239_0]** **[1334036_tx_381239_1]** 
- Management noted increasing caution from consumers, particularly the moderate segment, leading to strategic actions such as reducing discounts on the Crocs brand and cleaning up Hey Dude's distribution.  **[1334036_tx_381239_0]** **[1334036_tx_381239_2]** **[1334036_tx_381239_4]** 
- Crocs anticipates a **$90 million** headwind from tariffs in 2026 and clarified that its long-term **24%** margin target is not expected in 2025 due to the non-normalized trading environment.  **[1334036_tx_381239_7]**

Crocs Announces CFO Transition and Reaffirms Q3 Guidance Amidst Strategic Adjustments

Crocs (CROX)