Crocs (CROX) 8-K Crocs, Inc. Expects Record Annual Revenues of ~$3.95B, Up Over 11% Year-Over-Year

Exhibit 99.2

	Year Ended December 31,
	2022		2021		2020
	(in thousands)
Revenues:
Crocs Brand	$	2,659,125	$	2,313,416	$	1,385,951
HEYDUDE Brand	895,860		—		—
Total consolidated revenues	$	3,554,985	$	2,313,416	$	1,385,951
Income from operations:
Crocs Brand	$	852,025	$	861,394	$	329,423
HEYDUDE Brand	211,361		—		—
Reconciliation of total segment income from operations to income before income taxes:
Enterprise corporate	(212,630)		(178,330)		(115,299)
Income from operations	$	850,756	$	683,064	$	214,124
Depreciation and amortization:
Crocs Brand	$	18,877	$	16,931	$	13,869
HEYDUDE Brand	12,248		—		—
Enterprise corporate	8,104		15,045		13,750
Total consolidated depreciation and amortization	$	39,229	$	31,976	$	27,619

	Three Months Ended March 31, 2023
	(in thousands)
Revenues:
Crocs Brand	$	648,778
HEYDUDE Brand	235,388
Total consolidated revenues	$	884,166
Income from operations:
Crocs Brand	$	218,007
HEYDUDE Brand	76,620
Reconciliation of total segment income from operations to income before income taxes:
Enterprise corporate	(59,699)
Income from operations	$	234,928
Depreciation and amortization:
Crocs Brand	$	7,437
HEYDUDE Brand	3,506
Enterprise corporate	2,193
Total consolidated depreciation and amortization	$	13,136

	Three Months Ended June 30, 2023		Six Months Ended June 30, 2023
	(in thousands)
Revenues:
Crocs Brand	$	832,950	$	1,481,728
HEYDUDE Brand	239,417		474,805
Total consolidated revenues	$	1,072,367	$	1,956,533
Income from operations:
Crocs Brand	$	317,684	$	535,691
HEYDUDE Brand	65,509		142,129
Reconciliation of total segment income from operations to income before income taxes:
Enterprise corporate	(64,704)		(124,403)
Income from operations	$	318,489	$	553,417
Depreciation and amortization:
Crocs Brand	$	7,099	$	14,536
HEYDUDE Brand	3,562		7,068
Enterprise corporate	1,983		4,176
Total consolidated depreciation and amortization	$	12,644	$	25,780

	Three Months Ended September 30, 2023		Nine Months Ended September 30, 2023
	(in thousands)
Revenues:
Crocs Brand	$	798,769	$	2,280,497
HEYDUDE Brand	246,948		721,753
Total consolidated revenues	$	1,045,717	$	3,002,250
Income from operations:
Crocs Brand	$	297,456	$	833,145
HEYDUDE Brand	31,776		173,905
Reconciliation of total segment income from operations to income before income taxes:
Enterprise corporate	(55,380)		(179,781)
Income from operations	$	273,852	$	827,269
Depreciation and amortization:
Crocs Brand	$	8,692	$	23,228
HEYDUDE Brand	3,919		10,987
Enterprise corporate	2,140		6,316
Total consolidated depreciation and amortization	$	14,751	$	40,531