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 ...

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? ...

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].

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 ...

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 ...

NEW YORK, Feb. 07, 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? ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Crocs, Inc. related to misleading statements about the sustainability of HEYDUDE's revenue growth, with a deadline for investors to seek lead plaintiff status in a federal securities class action by March 24, 2025 [2][4]. Group 1: Company Overview - Crocs, Inc. completed the acquisition of HEYDUDE in February 2022, with HEYDUDE accounting for approximately 25% of Crocs' total revenues in 2022 [5]. - The company reports HEYDUDE sales in two segments: direct-to-consumer (DTC) and wholesale sales [5]. Group 2: Allegations and Financial Impact - The complaint alleges that Crocs and its executives made false statements regarding the nature and sustainability of HEYDUDE's revenue growth, particularly that 2022 growth was largely due to stocking third-party wholesalers rather than actual retail sales [4][6]. - Following the revelation of overstocking issues, Crocs' stock price declined significantly, with a drop of nearly 16% on April 27, 2023, and a further decline of nearly 15% on July 27, 2023, after the company reduced revenue growth guidance for HEYDUDE [7][9][8]. - On November 2, 2023, Crocs reported a 19.4% decline in HEYDUDE's wholesale revenues and further slashed its revenue growth guidance for 2023 from 14%-18% to 4%-6% [10][11]. Group 3: Recent Developments - On October 29, 2024, Crocs disclosed that HEYDUDE's revenues fell below expectations, attributing struggles to excess inventories and acknowledging that prior overstocking decisions were incorrect [12]. - This announcement led to a stock price decline of approximately 19.2% on the following day [13].

Crocs, Inc. (CROX) is scheduled to release fourth-quarter 2024 results on Feb. 13, before market open. The Zacks Consensus Estimate for revenues is pegged at $963 million, indicating a rise of 0.3% from the prior-year figure.The consensus estimate for earnings per share has dipped 3.8% in the past 30 days to $2.28. The estimate indicates a decline of 11.6% from the year-ago period’s number.The Broomfield, CO-based company has a trailing four-quarter earnings surprise of 17.3%, on average. In the last report ...

NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Crocs, Inc. (NASDAQ: CROX) between November 3, 2022 and October 28, 2024, inclusive (the “Class Period”), of the important March 24, 2025 lead plaintiff deadline. SO WHAT: If you purchased Crocs common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT ...

BENSALEM, Pa., Feb. 6, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Crocs, Inc. ("Crocs" or the "Company") (NASDAQ: CROX).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CROCS, INC. (CROX), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE MARCH 24, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Offices of Howard G. Smith ...