American footwear company, Crocs, experiences a near 30% share drop as US consumers cut back on spending, impacting the firm's projected revenue.

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The firms says it expects revenue for the three months to the end of August to fall by about 10% compared with last year.

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Crocs saw sales jump from a year earlier with its namesake brand continuing to provide topline support.

Crocs CEO Andrew Rees says now is the time for "bold decisions" as the company braces for revenue declines after years of ...

Investors pummeled Crocs Inc. (Nasdaq: CROX) stock Thursday as the casual-footwear company predicted declining sales in the ...

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Crocs’ stock tumbles as cautious consumer, reduced discounting and a trend toward athletic apparel leads to a weak sales ...