Crocs, Inc. provided this guidance in their 2010 Fourth Quarter 8K on February 24, 2011:
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Will they beat this, and/or beat the street? They need to, so as to show that their $1.9B market cap is not out of the ballpark for a company working its way from $600M/yr to $1B/yr. They need to show that a company pilloried in 2007 for excess inventory and falling sales knows what it's doing in this challenging global marketplace. Whether they will or won't is known only by those in the C-suite. But I think that CROX is a very happening company, has been for years, and will continue to be. I am personally long with both equity and 2012 calls."For the first quarter of 2011, the Company expects revenue of approximately $215 million, a 29% increase over first quarter 2010 and gross margin is expected to be between 53% and 54% level. The Company expects diluted earnings per share for the first quarter 2011 to be approximately $0.19. This guidance assumes an effective tax rate of 27% and outstanding diluted shares of approximately 91.0 million."
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