🟢 Crocs is trading 4% up today after record Q2 results and raised full-year outlook

Crocs is trading 4% up at $128.65 after posting record second-quarter results and raising its full-year earnings outlook.

• The core Crocs brand surpassed $1 billion in quarterly revenue for the first time, driven by strong direct-to-consumer growth and an expanded share repurchase authorization.
• Investors are prioritizing the brand's momentum and broader market gains over weaker HEYDUDE sales and cautious guidance for the third quarter.