Crocs Raises 2007 Guidance

Crocs Inc., (CROX) which makes trendy, colorful, plastic shoes, said Thursday orders are better than expected and raised yearly guidance.

The company expects per share earnings between $1.89 and $1.93 on revenue between $810 million and $820 million.

Before a 2-for-1 stock split in June, the company previously forecast earnings of $2.90 to $2.95 per share on sales of $670 million to $680 million.