Crocs(CROX) - Get Report shares were up 15% Wednesday afternoon after the company reported first quarter earnings of 11 cents per share, topping analyst estimates of 3 cents per share. 

Revenue for the period of $267.9 million also beat analysts' $257 million. However, for the current quarter the shoemaker forecast revenue to range between $305 million and $315 million. That total is below the $323 million analysts polled by FactSet expect. 

The weak guidance can be attributed to the 16 stores the company said were closed in the just concluded first quarter. 

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