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Crocs (CROX) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-02-13 14:15
Crocs (CROX) came out with quarterly earnings of $2.52 per share, beating the Zacks Consensus Estimate of $2.29 per share. This compares to earnings of $2.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.04%. A quarter ago, it was expected that this footwear company would post earnings of $3.13 per share when it actually produced earnings of $3.60, delivering a surprise of 15.02%.Over the last four quarters, the company h ...
Crocs(CROX) - 2024 Q4 - Annual Results
2025-02-13 12:01
Exhibit 99.1 PR Contact: Melissa Layton, Crocs, Inc. (303) 848-7885 mlayton@crocs.com Investor Contact: Erinn Murphy, Crocs, Inc. (303) 848-7005 emurphy@crocs.com Crocs, Inc. Reports Record 2024 Results with Annual Revenues of $4.1 Billion, Growing 4% Over 2023 BROOMFIELD, COLORADO — February 13, 2025 — Crocs, Inc. (NASDAQ: CROX), a world leader in innovative casual footwear for all, today announced its fourth quarter and full year 2024 financial results. "We delivered another record year for Crocs, Inc. hi ...
Investors in Crocs, Inc. Should Contact The Gross Law Firm Before March 24, 2025 to Discuss Your Rights - CROX
Prnewswire· 2025-02-13 10:45
Core Points - The Gross Law Firm has issued a notice to shareholders of Crocs, Inc. regarding a class action lawsuit related to misleading statements and revenue growth concerns [1][2] - The class period for the lawsuit is from November 3, 2022, to October 28, 2024, during which significant allegations have been made against the company [1][2] - The allegations include that Crocs failed to disclose the unsustainable nature of HEYDUDE's revenue growth and the impact of destocking by retail partners on financial results [1] Summary by Categories Allegations - The complaint claims that Crocs issued materially false and misleading statements regarding the sustainability of HEYDUDE's revenue growth, which was largely driven by stocking third-party wholesalers post-acquisition [1] - It is alleged that as retail partners began to destock excess inventory, product demand decreased, negatively affecting Crocs' financial performance [1] - The representations made by the defendants about the company's business and prospects were deemed materially false and misleading [1] Class Action Details - Shareholders who purchased shares of CROX during the specified class period are encouraged to register for the class action, with a deadline set for March 24, 2025 [2] - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2] - There is no cost or obligation for shareholders to participate in the case [2] Law Firm Information - The Gross Law Firm is recognized nationally for class action lawsuits and aims to protect investors from deceit and illegal business practices [3] - The firm is committed to ensuring companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3]
HEYDUDE Partners with Heisman Trophy Winner, Travis Hunter, to Launch New "Unlike Anything" Global Brand Campaign
Prnewswire· 2025-02-11 14:01
Core Insights - HEYDUDE launches a new global campaign titled "Unlike Anything" featuring NFL prospect Travis Hunter, aimed at celebrating individuality and self-expression [1][2][4] - The campaign highlights Hunter's unique style and confidence both on and off the football field, aligning with HEYDUDE's brand ethos [4][6] - The partnership with Hunter is expected to lead to further collaborations and product innovations under the "Unlike Anything" platform [6][7] Company Overview - HEYDUDE is a casual footwear brand known for its blend of individual style and lightweight comfort [1][8] - The brand is part of Crocs, Inc., which operates in over 80 countries and focuses on innovative casual footwear [8] Campaign Details - The "Unlike Anything" campaign will feature Hunter in various HEYDUDE Wally styles, showcasing his casual lifestyle activities such as fishing and gaming [5][6] - The campaign aims to engage consumers through coordinated social media efforts and in-store marketing, emphasizing the brand's commitment to innovation [6][7]
Contact Levi & Korsinsky by March 24, 2025 Deadline to Join Class Action Against Crocs, Inc. (CROX)
Prnewswire· 2025-02-11 10:45
NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Crocs, Inc. ("Crocs" or the "Company") (NASDAQ: CROX) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Crocs investors who were adversely affected by alleged securities fraud between November 3, 2022 and October 28, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/crocs-inc-lawsuit-submission-form?prid=1 ...
CROX Investors Have Opportunity to Lead Crocs, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-02-10 20:32
LOS ANGELES, Feb. 10, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Crocs, Inc. ("Crocs" or "the Company") (NASDAQ: CROX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between November 3, 2022 and October 28, 2024, inclusive (the "Class Period"), are enc ...
Levi & Korsinsky Notifies Shareholders of Crocs, Inc. (CROX) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-02-10 17:54
NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Crocs, Inc. ("Crocs" or the "Company") (NASDAQ: CROX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Crocs investors who were adversely affected by alleged securities fraud between November 3, 2022 and October 28, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/crocs-inc-lawsuit-submission-form? ...
INVESTOR REMINDER: Berger Montague Notifies Crocs, Inc. (NASDAQ: CROX) Investors of a Class Action Lawsuit and Deadline
GlobeNewswire News Room· 2025-02-10 13:44
Core Viewpoint - A securities class action lawsuit has been filed against Crocs, Inc. for allegedly misleading investors regarding the performance and demand for HEYDUDE products following its acquisition in February 2022 [1][3]. Company Overview - Crocs, Inc. is headquartered in Bloomfield, CO, and is known for marketing casual footwear. The company acquired HEYDUDE, another casual footwear brand, in February 2022 [2]. Allegations of Misleading Information - The lawsuit claims that Crocs concealed the fact that the strong revenue growth of HEYDUDE was primarily due to Crocs' decision to aggressively stock third-party wholesalers with HEYDUDE products, irrespective of actual retail demand [3]. - After retail partners began to destock excess inventory, Crocs allegedly misled investors by not disclosing that declining demand for HEYDUDE shoes would negatively affect the company's financial results [4]. Disclosure of Financial Performance - Investors became aware of the true situation regarding HEYDUDE's performance through a series of partial disclosures, culminating in a significant announcement on October 29, 2024. Crocs reported that HEYDUDE revenues fell short of expectations and acknowledged that it would take longer than anticipated for the business to recover [5]. - The CEO of Crocs admitted to shipping excessive product quantities and recognized that a lack of demand worsened the inventory issue [5]. Impact on Stock Price - Following the disclosure of HEYDUDE's disappointing performance, Crocs' share price dropped by $26.47, or 19%, from $138.05 on October 28, 2024, to $111.58 on October 29, 2024 [6].
CROX CLASS ACTION: Crocs, Inc. 19% Stock Drop Triggers Class Action -- Contact BFA Law before March 24 Deadline (NASDAQ:CROX)
GlobeNewswire News Room· 2025-02-10 13:33
NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Crocs, Inc. (NASDAQ: CROX) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Crocs, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/crocs-inc. Investors have until March 24, 2025, to ask the Court to be appointed to lead the case. T ...
CROX ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Notifies Investors that the Firm Has Filed a Class Action Lawsuit Against Crocs, Inc.
Prnewswire· 2025-02-10 02:15
RADNOR, Pa., Feb. 9, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that the firm has filed a securities fraud class action lawsuit against Crocs, Inc. (NASDAQ: CROX) ("Crocs" or the "Company") on behalf of investors who purchased or otherwise acquired Crocs common stock between November 3, 2022, and October, 28 2024, inclusive (the "Class Period").  This action, captioned Carretta v. Crocs, Inc., et al., Case No. 1:25-cv-00096-JLH, was filed in the United States D ...