NIWOT, Colo. (
stock is looking just as ugly as it shoes, plunging in Thursday after-hours trading despite narrowing its fourth-quarter loss.
During the quarter, Crocs recorded a loss of $11.4 million, or 13 cents a share, in-line with analysts' estimates. This compares with a loss of $34.7 million, or 42 cents, for the shoe maker in the year-ago period.
Crocs revenue rose 8% to $136 million from $126.1 million last year.
Looking ahead, Crocs expects to generate between $155 million to $160 million during the first quarter, with earnings breaking even.
Shares in Crocs are tanking 11% after the bell to $6.93.
-- Reported by Jeanine Poggi in New York.
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