Gross profit for the three months ended June 30, 2006 was $47.0 million, or 54.8% of revenues, compared to gross profit of $14.0 million, or 54.2% of revenues for the three months ended June 30, 2005.
Gross profit for the six months ended June 30, 2006 was $70.6 million, or 54.1% of revenues, compared to gross profit of $20.8 million, or 56.7% of revenues for the six months ended June 30, 2005.
For the third quarter ending September 30, 2006, the company currently anticipates total revenues to be in the range of $87.0 to $90.0 million and projects its net income per diluted share to range from $0.38 to $0.40, including share-based compensation expense.
Snyder concluded, "The first six months of 2006 have been marked by a number of important accomplishments for Crocs. We are very pleased with the progress we have made across the board and we look forward to building on our positive momentum going forward."
Crocs Inc is a rapidly growing designer, manufacturer and marketer of footwear for men, women and children under the crocs brand.
marketing@alchempro.com
