Croc’s Revenue by Segment (2021-2023)

This statistic highlights Croc’s Revenue by Segment, split across, Crocs Brand, Heydude Brand, and, reported quarterly from Q1 2021 onwards.

Croc’s Revenue by Segment

American footwear manufacturer Crocs creates, develops, produces, markets, and distributes footwear and accessories for men, women, and kids. Crocs Inc’s revenue is generated through the following segments:

• Crocs Brand
• Heydude Brand

The table below highlights Crocs Inc’s Revenue by segment in some of its recent quarters:

(All figures are in USD, except percentages)

As you can see, the Crocs Brand is the company’s largest brand, accounting for 73% of total revenue in Q1 2023. The Heydude Brand is a smaller brand, but it is growing rapidly. The Heydude Brand accounted for 27% of total revenue in 2023 Q1. There was an increase in total income from Q1 of 2021(46,00,98,000.0 USD) to Q1 2022 (66,01,48,000.0) by 43% which then again increased by 34% in Q1 2023.

Croc’s Revenue by Segment breakdown includes contribution from the following segments:

• Crocs Brand: Crocs is a well-known footwear brand that offers a wide range of comfortable and versatile shoes. The revenue generated from the Crocs brand is primarily derived from the sale of Crocs footwear products, including clogs, sandals, boots, sneakers, and other styles. Crocs’ revenue by brand includes income from various sales channels such as company-owned retail stores, e-commerce platforms, and wholesale distribution to third-party retailers. The brand’s revenue is driven by its strong global presence, continuous product innovation, and brand recognition.
• Heydude Brand: The Heydude Brand was acquired by Crocs in February 2022. Heydude specializes in comfortable footwear with a casual and relaxed style. The revenue generated from the Heydude brand is specific to its own product line, which typically includes shoes such as slip-ons, sneakers, and boots. The brand’s revenue is generated through its sales channels, which may include its own retail stores, e-commerce platforms, and wholesale distribution to select retailers.

About Crocs Inc.

An American firm called Crocs creates, develops, produces, sells, and distributes footwear and accessories for kids, adults, and everyone in between. The company’s products are made from a proprietary closed-cell resin called Croslite, which is known for its comfort, lightness, and versatility. With its corporate headquarters in Niwot, Colorado, Crocs was established in 2002. The company has over 4,500 employees and sells its products in over 90 countries around the world.

Crocs has been a global success story, with sales of over 200 million pairs of shoes since its inception. The company’s products have been worn by celebrities, athletes, and everyday people alike. Crocs has also been praised for its commitment to sustainability, with all of its products being recyclable.

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