Footwear and Accessories

Crocs shares rise on strong 2Q earnings
August 6, 2010

Shares of Crocs Inc. rose on Friday, a day after the maker of colorful plastic shoes said it returned to a profit in the second quarter on better demand for new product offerings.

THE SPARK: The company, based in Niwot, Colo., said results were spurred by better global wholesale and consumer direct businesses and offered third quarter guidance above expectations.