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  "documentTitle": "Crocs | Results Presentation Deck | 33 slides",
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  "authorName": "Crocs",
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  "presentationDate": "2022-08-01 00:00:00",
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  "notes": "Includes a table of Q2 2022 financial metrics and footnotes regarding pro forma assumptions.",
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      "text": "1. Assumes the acquisition closed on January 1, 2021; 2. Assumes the acquisition closed on January 1, 2022; 3. See reconciliation to GAAP equivalents in Appendix; 4. Non-GAAP SG&A adjustments were not made within the HEYDUDE brand",
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      "text": "Q2 Revenues of $232M exceeded expectations; Revenue growth of +96% vs PY on a pro forma basis. FY22 Revenues now expected to be nearly $1 billion on a pro forma basis. Introduced an updated brand identity and launched new HEYDUDE brand campaign. Integration of the brand is on track and plan to continue investing rapidly in capabilities to maximize growth of brand. Expect stronger Gross Margins in H2 2022 as HEYDUDE benefits from Crocs' freight rates.",
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      "text": "Revenue $232M; Adj. Gross Margin 47.1%; SG&A as % of Revenue 14.5%; Adj. Operating Margin 32.6%",
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      "text": "HEYDUDE BRAND Q2 HIGHLIGHTS",
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