Page 1

crocs ™ Investor Contact : Cori Lin , Crocs , Inc. ( 303 ) 848-5053 clin@crocs.com PR Contact : Melissa Layton , Crocs , Inc. ( 303 ) 848-7885 mlayton@crocs.com Exhibit 99.1 BROOMFIELD , COLORADO Crocs , Inc. Reports Record Third Quarter Revenues Third Quarter Revenues Grew 73 % to $ 626 million Raises Full Year Revenue and Operating Margin Guidance October 21 , 2021 — Crocs , Inc. ( NASDAQ : CROX ) , a world leader in innovative casual footwear for women , men , and children , today announced its third quarter 2021 financial results . “ Our third quarter was exceptional , underscored by 73 % revenue growth over 2020 and industry - leading operating margin of 32 % , ” said Andrew Rees , Chief Executive Officer . " Globally , our teams are managing through the supply chain disruptions to mitigate the impact on our business . Despite the temporary disruptions , we expect 2022 revenues to grow over 20 % from 2021 fueled by the strength of our brand and consumer demand globally . " Global Supply Chain Disruptions During the third quarter our business was impacted by Vietnamese factory closures and widespread disruption in the global supply chain . To minimize the impact of this disruption , we have taken swift action to shift production , improve factory throughput , leverage air freight , and strategically allocate units . Despite ongoing global supply challenges we remain confident in our ability to deliver upon our short- and long - term goals . • Third Quarter 2021 Highlights Record revenues of $ 625.9 million increased 73.0 % , or 72.2 % on a constant currency basis as compared to 2020. Revenue growth was strong in all regions , with the Americas up 94.5 % , Asia Pacific up 21.2 % and Europe , Middle East , and Africa ( “ EMEA " ) up 42.8 % on a constant currency basis versus prior year . Digital sales grew 68.9 % to represent 36.8 % of revenues versus 37.7 % and 32.2 % of revenues in 2020 and 2019 , respectively . Within digital , all regions experienced double - digit growth from prior year . Operating income more than doubled to $ 203.1 million as compared to third quarter 2020 and operating margin expanded to 32.4 % from 19.9 % versus prior year . During the third quarter production began on bio - based products , which we expect will go on sale in 2022 , using materials sourced from waste and by- product from other industries . Third Quarter 2021 Operating Results Amounts referred to as “ Adjusted " are Non - GAAP measures and include adjustments that are described under the heading " Reconciliation of GAAP Measures to Non - GAAP Measures . ” A reconciliation of these amounts to their GAAP counterparts are contained in the schedules below . 1