Crocs shares reverse to gains after post-earnings conference call

“The shoe company’s shares fell after it gave weak third-quarter guidance, forecasting sales between $230.0 million and $240.0 million, below the $247.5 million FactSet consensus” writes Tonya Garcia for CROX, +4.08% shares have swung to a 6.2% increase after falling as much as 3.5% in Wednesday premarket trading.Crocs shares are up more than 38% for the last three months.On the earnings call, the company said the guidance includes the impact of store closures, with 25 stores expected to shutter in the the third quarter.

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