The stock is still a risky buy, despite a bevvy of improvements for the company.
Shares of the shoemaker were up nearly 15%.
This report helps pave the way for the Fed to nudge interest rates higher next week.
Crocs announced plans to close around 29% of its stores in the next two years and has named a new chief executive.
©1996-2017 TheStreet, Inc. All rights reserved.
Action Alerts PLUS is a registered trademark of TheStreet, Inc.