This week s Ask Mick LaSalle includes reactions to the movie critic s conversation about The Godfather, plus a discussion on what to call a female who acts.
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Crocs shares soar as pandemic drives demand for comfortwear By Megan Cerullo Consumers eyeing dressier fashion again
Shares of Crocs, the maker of foam clogs worn by everyone from children to celebrity chefs, soared Tuesday after the shoemaker raised its 2021 sales forecast.
The company said it expects revenue for the year to increase between 40% and 50%, up from its previous estimate of 20% to 25%. The company s stock price surged 13% on the news, closing at $97.82 Tuesday.
Demand for the shoes is stronger than ever, CEO Andrew Reiss said. In the first quarter we achieved record revenues and profitability, with growth in all regions and all channels. We have raised full-year guidance as we continue to see consumer demand for our product accelerate globally.