Crocs Ramps Up Store Closings in Turnaround Effort

Crocs Ramps Up Store Closings in Turnaround Effort

Footwear company Crocs (NASDAQ: CROX) reported its second-quarter results before the market opened on Aug. 9. Revenue continued to decline, with both the wholesale and retail businesses suffering sales slumps, and the pace of store closings accelerating as the company attempts to right-size its retail footprint. E-commerce was a bright spot, growing by a double-digit percentage. Here's what investors need to know about Crocs' second-quarter results.

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Q2 2017

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Source: Fool.com