Shares for Crocs Inc dropped over 13 percent on Thursday morning before the markets opened after the company issued third quarter guidance below market expectations despite its solid second quarter. You May Also LikeBy brand, the Crocs label saw revenue in the second quarter increase 4.3 percent to $1.0 billion, marking a first for the brand. North American revenue increased 0.4 percent to $459 million, while international revenue rose 7.8 percent to $542 million. Hey Dude revenue fell 5.7 percent to $179 million in the second quarter of 2026. This third quarter guidance is below analysts’ expectations, which were looking for earnings per share between $3.41 and $3.84, according to Yahoo Finance.