Crocs' E-Commerce Efforts Are Paying Off

Crocs' E-Commerce Efforts Are Paying Off

Footwear company Crocs (NASDAQ: CROX) reported its third-quarter results before the market opened on Nov. 7. Revenue slumped due to weak wholesale performance in Asia and retail store closings, but the e-commerce business partially offset those declines with double-digit growth. Crocs is closing stores, cutting costs, and focusing on its core products, and the results of those efforts are starting to show up in the bottom line. Here's what investors need to know about Crocs' third-quarter results.

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Q3 2017

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Source: Fool.com