Crocs cautious on FY sales outlook as Heydude recovery drags on, China growth slows

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Crocs Inc. posted better-than-expected results in the third quarter ended Sept. 30, but management acknowledged that a turnaround at its Heydude brand is taking longer than expected, and it has become more cautious on prospects for China this year. As a result, the company now anticipates full-year sales growth at ...

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