Crocs Stock Has Rallied 45% YTD. Baird Says It’s Not Done Yet.
Baird sees a more durable recovery in Crocs North America and HEYDUDE, with potential upside to $170 or more if earnings trends improve.
Barchart ·
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The Latest Breaking News from Andrew Rees
Crocs Cash Flow Boosts Buybacks But Q3 Earnings Sends Mixed Signals
Crocs, Inc. (NASDAQ:CROX) shares traded higher on Thursday after CEO Andrew Rees said strong profitability and cash flow allowed the company to repurchase 2.4 million shares and pay down $63 million in debt last quarter.
Benzinga ·
Why Are Crocs Shares Gaining Today?
Shares of Crocs, Inc. (NASDAQ:CROX) reached $89.61 on Friday after the footwear maker unveiled a finance leadership change and reiterated its near-term outlook.
Benzinga ·
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'Eyesore' Cwmavon nursing home could make way for new shops and café
The site, which is at high risk of flooding according to Natural Resources Wales, could also make way for new industrial units
Wales Online ·
Crocs Pauses Business Operations In Russia
Crocs Inc (NASDAQ:CROX) has decided to pause its direct-to-consumer business, including e-commerce and retail operations, in Russia. The company has also paused the import of goods into the country. Crocs said all of its corporate and retail staff in Russia will continue to receive pay during this pause. "While our decision to…
Benzinga ·
Crocs Q4 Earnings Top Estimates
Crocs Inc (NASDAQ:CROX) reported fourth-quarter FY21 sales growth of 42.6% year-on-year, to $586.6 million, beating the analyst consensus of $585.02 million. Wholesale revenue grew 40.3%, and Direct-to-consumer (DTC) sales increased 44.5% Y/Y. Adjusted EPS of $2.15 beat the analyst consensus of $2.00. The gross margin and the adjusted gross margin rose 770 basis…
Benzinga ·
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