The company also has plans to expand its Crocs-branded sandals line by four times by 2026. It will also invest in Hey Dude's digital capabilities, wholesale accounts, and supply chain. It expects to grow the company's revenue by 23 percent to 32 percent per year. Its operating margins will exceed 26 percent. Its revenue is expected to reach $700 million to 750 million by 2022.
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In addition, Crocs and General Mills have created a cereal-themed line of clogs. The Honey Nut Cheerios, Trix, and Cocoa Puffs styles will hit shelves in July. The Honey Nut Cheerios style features a logo charm, while the Cinnamon Toast Crunch style features a mascot charm.