"During our second quarter earnings announcement Tuesday, we shared that revenues and gross margin exceeded guidance, along with numerous other accomplishments that position our brand for success. Since then, there have been multiple media reports that Crocs is winding down production in our owned manufacturing facilities.
"While accurate, some people have interpreted that to mean that Crocs will no longer be making and selling shoes. Quite the contrary, Crocs will continue to innovate, design and produce the most comfortable shoes on the planet. As we streamline our business to meet growing demand for Crocs, we're simply shifting production to third parties to increase our manufacturing capacity.
"We're extremely grateful, but not surprised that our passionate fans are rallying around the brand today. Our future is bright, bold and colorful."
Original Story: While Crocs continue to be the go-to shoe for fans of comfort, the company announced Thursday it was shutting down its last manufacturing facility, located in Italy.
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