Why Stores Are Central to Hey Dude's Growth Rebound [Yahoo! Finance]
Crocs, Inc. (CROX)
Last crocs, inc. earnings: 4/23 07:00 am
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US:NASDAQ Investor Relations:
investors.crocs.com/investor-overview
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Source: Yahoo! Finance
Analysts Are Optimistic on Crocs Ahead of Q1 Earnings Amid Leadership Changes, Hey Dude Challenges Hey Dude just posted another disappointing quarter , but parent company Crocs Inc. has a plan to build the brand back to growth. And opening more stores is a key part of that. In a Tuesday call with investors, Crocs brand president Anne Mehlman said that the company will open about 30 Hey Dude stores in 2024, six of which have already opened during the first quarter. This retail push is meant to help grow direct sales and build brand awareness. “We expect that revenue contribution to build throughout the year,” Mehlman said with regard to the store openings. “And that's supported by a strong pipeline of new products.” Hey Dude revenues were down 17.2 percent to $195 million in Q1. The slowdown was present in both wholesale, which decreased 19.7 percent, and direct-to-consumer, which decreased 11 percent. Given the slowdown, Crocs Inc. now expects Hey Dude revenues to decline bet
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CROX
News
- Brokers Suggest Investing in Crocs (CROX): Read This Before Placing a Bet [Yahoo! Finance]Yahoo! Finance
- We Remain In Favor Of Crocs After The Latest Earnings [Seeking Alpha]Seeking Alpha
- Crocs, Inc. (NASDAQ: CROX) had its price target raised by analysts at Wedbush from $156.00 to $170.00. They now have an "outperform" rating on the stock.MarketBeat
- CROX or LVMUY: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Here's Why Crocs (CROX) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
CROX
Earnings
- 5/7/24 - Beat
CROX
Sec Filings
- 5/14/24 - Form 4
- 5/9/24 - Form 144
- 5/8/24 - Form 144
- CROX's page on the SEC website