The Latest Breaking News from CROX

Casual footwear giant Crocs (CROX) continues to maintain strong business momentum by delivering solid quarterly performance and raising its full-year 2022 financial outlook. Given the stock’s 10% decline over the past year due to uncertain macroeconomic conditions, is CROX a bargain buy or sell? Read on to find out….

Crocs raised its outlook and is beating estimates after a strong Q3 earnings report Thursday. CROX stock is outperforming its footwear peers.

Investment Thesis

Crocs Inc (NASDAQ: CROX) shares are trading higher Tuesday following bullish analyst coverage from Loop Capital.

Crocs (NASDAQ:CROX) has outperformed the market over the past 10 years by 2.75% on an annualized basis producing an average annual return of 14.64%. Currently, Crocs has a market capitalization of $4.27 billion.

Crocs Inc (NASDAQ:CROX) reported first-quarter FY22 sales growth of 43.5% year-on-year, to $660.15 million, beating the consensus of $621.88 million. Wholesale revenue grew 48.7%, and Direct-to-consumer (DTC) sales increased 34.6% Y/Y. HEYDUDE Brand revenues were $114.9 million for the period following the closing of the acquisition on February 17, 2022, through March 31, 2022. Adjusted…

  Crocs (NASDAQ:CROX) reported its Q1 earnings results on Thursday, May 5, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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…

Casual footwear company Crocs' (CROX) shares have slumped in price over the past few months, due primarily to the broader market sell-off. And while the company reported strong revenue growth across its core segments, its recent rating downgrades have raised questions regarding its prospects. So, let's evaluate if it's worth…