Crocs, Inc.
For the period ended Feb 13, 2025. Filed Feb 13, 2025.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Feb 13, 2025 · Filed Feb 13, 2025
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Contents
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class: | Trading symbol: | Name of each exchange on which registered: |
| Common Stock, par value $0.001 per share | CROX | The Nasdaq Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.45) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On February 13, 2025, Crocs, Inc. (the “Company”) issued a press release reporting its results of operations for the three and twelve months ended December 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this report.
Item 8.01. Other Events.
On February 13, 2025, the Company also announced that its Board of Directors (the “Board”) has increased the Company’s existing common stock repurchase authorization by $1.0 billion. Including this increase, approximately $1.3 billion remains available for repurchase under the Company’s common stock repurchase authorization as of the date of this Current Report on Form 8-K.
The number, price, structure and timing of the repurchases, if any, will be at the Company’s sole discretion and future repurchases will be evaluated by the Company depending on market conditions, liquidity needs, restrictions under the Company’s debt arrangements, and other factors. Share repurchases may be made in the open market or in privately negotiated transactions. The repurchase authorization does not have an expiration date and does not oblige the Company to acquire any particular amount of the Company’s common stock. The Board may suspend, modify, or terminate the repurchase program at any time without prior notice.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits.
| Exhibit No. | Description |
| 99.1 | Crocs, Inc. press release dated February 13, 2025. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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