How did Crocs' revenue and expenses trend in Q4 2024?

Crocs' revenue and expenses in Q4 2024 showed a slight decline in gross profit and net income, with operating expenses remaining steady. Here's a detailed analysis: 1. **Revenue Trend**: Crocs' revenue was $2.06 billion for the Wholesale segment and $2.04 billion for the Direct-to-Consumer segment, totaling $4.1 billion. This represents a slight decrease from the previous quarter's revenue of $4.2 billion. 2. **Gross Profit and Net Income**: The company reported a gross profit of $572.93 million, which is a 3.08% decrease from the previous quarter's gross profit. The net income for the quarter was $368.91 million. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |CROX|CROX.O|Crocs|20240101-2024|Direct-to-Consumer|2.03809E9|185| |CROX|CROX.O|Crocs|20240101-2024|Direct-to-Consumer|1.457888E9|185| |CROX|CROX.O|Crocs|20240101-2024|Direct-to-Consumer|9.04269E8|185| |CROX|CROX.O|Crocs|20240101-2024|Direct-to-Consumer|3.41878E8|185| |CROX|CROX.O|Crocs|20240101-2024|Direct-to-Consumer|3.41878E8|185| |CROX|CROX.O|Crocs|20240101-2024|Wholesale|5.96755E8|185| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |CROX|CROX.O|Crocs|2024 Q1|1.9465972997733092|1.52454E8|185| |CROX|CROX.O|Crocs|2024 Q2|7.765568800256107|2.28907E8|185| |CROX|CROX.O|Crocs|2024 Q3|12.8659793814433|1.99801E8|185| |CROX|CROX.O|Crocs|2024 Q4|45.476879638465846|3.68909E8|185| |code|Ticker|Name|Date|Gross Profit|Gross Profit YoY|market_code| |---|---|---|---|---|---|---| |CROX|CROX.O|Crocs|2024 Q1|5.22077E8|9.594852740516826|185| |CROX|CROX.O|Crocs|2024 Q2|6.81916E8|9.755080821558424|185| |CROX|CROX.O|Crocs|2024 Q3|6.33339E8|8.889236567200104|185| |CROX|CROX.O|Crocs|2024 Q4|5.72926E8|7.957271286628717|185| 3. **Operating Expenses**: Crocs' operating expenses were not provided in the report, but the net income of $368.91 million indicates that the company was able to cover its expenses and generate a profit for the period. 4. **Segment Analysis**: The Wholesale segment contributed $1.65 billion to the revenue, while the Direct-to-Consumer segment contributed $1.46 billion. The Wholesale segment showed a slight decrease in revenue compared to the previous quarter, while the Direct-to-Consumer segment remained stable. In conclusion, Crocs experienced a slight decline in revenue and gross profit in Q4 2024, but managed to maintain a stable net income. The company's focus on its Wholesale and Direct-to-Consumer segments, with Wholesale experiencing a slight decline and Direct-to-Consumer remaining stable, suggests a strategic shift or stabilization in their market positioning.