Chasing Digital Sales, Crocs Unveils Goal To Hit $5 Billion In Revenue By 2026

The ascendant clog maker Crocs has released a set of forward-looking goals, including a growth plan to hit $5 billion in revenue by 2026. The five-year objective implies a growth rate of over 17% per year. Crocs also aims to generate $1 billion in free cash flow by that point with operating margins topping 26%. To get there, Crocs is looking to grow its digital channel. The brand hopes for digital to make up half of its revenue by 2026. Read more at Retail Dive.