Crocs is trading 12.3% down at $114.95 after reporting Q2 2026 results that beat adjusted EPS estimates but provided a cautious Q3 outlook and highlighted ongoing brand weakness.
- Management raised full-year 2026 EPS guidance and expanded its share repurchase authorization, but Q3 EPS guidance fell below analyst consensus.
- Persistent sales challenges within the HEYDUDE brand are driving a sharp post-earnings selloff as investors weigh the soft outlook against the quarterly beat.