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CROX - Crocs Inc News Story

$38.07 0.0  0.1%

Last Trade - 3:06pm

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.97bn
Enterprise Value £2.06bn
Revenue £910.8m
Position in Universe 1625th / 6376

BRIEF-Crocs Withdrawing Its Q1 And Full Year 2020 Outlook

Mon 30th March, 2020 10:24pm
March 30 (Reuters) - Crocs Inc  CROX.O :
    * CROCS PROVIDES AN UPDATE ON THE BUSINESS IMPACT OF
COVID-19
    * CROCS INC - ALL COMPANY-OPERATED RETAIL STORES IN NORTH
AMERICA
WILL REMAIN CLOSED UNTIL FURTHER NOTICE
    * CROCS INC - MANY RETAIL STORES IN EUROPE ARE ALSO
CURRENTLY
CLOSED IN COMPLIANCE WITH LOCAL REGULATIONS
    * CROCS INC - WITHDRAWING ITS Q1 AND FULL YEAR 2020 OUTLOOK
PROVIDED ON FEBRUARY 27, 2020
    * CROCS INC - WILL PROVIDE A BUSINESS UPDATE DURING ITS Q1
FISCAL
2020 EARNINGS CALL
    * CROCS INC - REVOLVING CREDIT FACILITY WITH PNC BANK,
NATIONAL
ASSOCIATION, AND A CONSORTIUM OF OTHER LENDERS WAS INCREASED TO
$500 MILLION FROM $450 MILLION
    * CROCS INC - EXPECTS A Q1 FISCAL 2020 ENDING CASH AND CASH
EQUIVALENTS BALANCE BETWEEN $90 MILLION AND $100 MILLION

Source text for Eikon:  ID:nBw4fCvH2a 
Further company coverage:  CROX.O 

 ((Reuters.Briefs@thomsonreuters.com;))
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