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0 0.00011296882060541 0.000564844103027532 0 0.00553547220967007 0.00595910528694068 0.0047446904654314 0.00412336195210116
Stock impact report

Crocs: HEYDUDE Struggles Continue [Seeking Alpha]

Crocs, Inc. (CROX) 
Last crocs, inc. earnings: 4/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.crocs.com/investor-overview
Company Research Source: Seeking Alpha
HEYDUDE posted a $307M impairment in Q2 and saw double-digit revenue declines in Q3; even high-profile marketing efforts failed to revive demand. CROX's core brand maintains U.S. TikTok leadership and international growth, but overall revenues and wholesale channels are shrinking. Despite a seemingly attractive valuation, ongoing HEYDUDE risks and negative momentum outweigh positives, prompting a cautious stance. Valeriy_G/iStock via Getty Images Earlier this year I gave Crocs, Inc. ( CROX ) a “Buy” rating as the company had historically seen solid revenue growth and Crocs was trading at what I thought seemed an attractive valuation. Since that article, while the This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it Show less Read more
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