On GameSpot: Wii Fit tells 10-year-old she's fat

Crocs Inc. Q4 2007 Earnings Call Transcript

  • download
  • Print
  • Recommend
  • 1

2008-02-19 17:45:10.0

Tags: Crocs Inc.

Question-and-Answer Session

Operator

(Operator Instructions) We’ll take our first question from Jeff Klinefelter - Piper Jaffray.

Jeff Klinefelter - Piper Jaffray

First on your guidance, looking either at first half, first quarter or the full year, can you give us a sense for what role international is playing versus domestic in that guidance? For example, out of the 50% first half, what sort of rate are you looking for domestically versus international and if there are any particular callouts in key international markets that would also be helpful.

John McCarvel

Jeff, the international market will begin to grow a little bit larger than the U.S. as we go through the first half of the year. We’re not going to give exact breakouts yet because we’re not sure how fast some of those markets will evolve. Just starting to get into the warmer season in Northern Asia. We’re hearing in Europe they’re actually having some good weather now which bodes well for us. But should the weather not breakthrough in March, it could be slower. So right now, we’ll say we’ll be a little bit larger in the international markets, but probably closer to 50-50.

Jeff Klinefelter - Piper Jaffray

In terms of the year-over-year growth rates -- of course off different bases -- you’ll experience faster year-over-year growth out of Europe?

John McCarvel

Absolutely.

Jeff Klinefelter - Piper Jaffray

In thinking about the domestic business in terms of the growth you are expecting there, whatever that ends up being, are you looking for that to come more from new styles versus new doors? I mean, if doors are up 10% to 15%, would you anticipate revenue growth exceeding that? Is that going to come from new styles in existing doors or comp door growth? How do you think about that?

Ronald R. Snyder

Well, we’ve given you the door growth, which was about 18%. The remainder of the growth would be we have expanded our presence in any retailer that had the room to expand throughout the U.S. So in many of the department stores we’re in much larger section or we are now in multiple departments. So we would think that probably half of the growth would continue to come in door growth and the other half would be in expansion in both product and space.

Jeff Klinefelter - Piper Jaffray

Do you still have the same plans for store-within-store shops, or can you give us an update there with your key retailers?

TalkbackShare your ideas and expertise on this topic
What do you think?
The following tags are supported in BNET comments: <b></b> <i></i> <u></u> <pre></pre>
You are currently a guest | Login?
advertisement
Recommended Business Articles
advertisement