Crocs(CROX)

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Crocs Launches the Keep It Going Classic Clog Made with 25% Recycled Material from Consumers' Well-Loved Shoes
Prnewswire· 2024-09-19 13:00
Core Viewpoint - Crocs has made significant progress towards its circularity goals by launching the limited-edition Keep It Going Classic Clog, which incorporates 25% post-consumer recycled content from shoes collected through its 'Old Crocs. New Life' program [1][2]. Group 1: Product Launch and Features - The Keep It Going Classic Clog features 25% post-consumer recycled content and follows Crocs' achievement of 25% biocircular content across its Croslite material portfolio [1][2]. - The clogs are designed with a unique color named Moon Dust, which includes visible specs of recycled material, and each pair is distinct due to its recycled nature [4]. - The product is available online and in select retail locations in the U.S. at the same price point as the Classic Clog [4]. Group 2: Sustainability Initiatives - Crocs' 'Old Crocs. New Life' program has collected shoes for recycling since its pilot launch last October, with a nationwide expansion in May [3]. - Gently used Crocs are donated to Soles4Souls, while those that cannot be reused are processed into post-consumer recycled materials for new products [3]. - The company aims to reduce waste in manufacturing and promote a circular economy for footwear [5]. Group 3: Corporate Commitment - Crocs is committed to creating circular systems of production and consumption, emphasizing the importance of consumer engagement in sustainability efforts [3]. - The company sources repurposed bio-based waste to produce bio-circular Croslite, with over 80% of its footwear materials being Croslite [7].
Crocs Targets Product Diversification and Bio-Circular Sustainability
ZACKS· 2024-09-17 15:55
Crocs, Inc. (CROX) has been making smart moves by diversifying its product range to attract more consumers. It continues to innovate with new product lines such as sandals and boots, which is driving product diversification and increasing customer appeal across different seasons. The brand's commitment to sustainability is evident through its use of bio-circular Croslite, which now accounts for over 80% of its materials, including in its iconic Classic Clog. This innovation maintains Crocs' signature style, ...
Crocs (CROX) Laps the Stock Market: Here's Why
ZACKS· 2024-09-13 23:06
In the latest trading session, Crocs (CROX) closed at $128.77, marking a +0.81% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.54%. At the same time, the Dow added 0.72%, and the tech-heavy Nasdaq gained 0.65%. The footwear company's shares have seen a decrease of 6.89% over the last month, not keeping up with the Consumer Discretionary sector's gain of 10.09% and the S&P 500's gain of 4.86%. The investment community will be paying close attention to the e ...
4 Consumer Discretionary Stocks to Buy as Inflation Cools
ZACKS· 2024-09-13 20:00
With inflation cooling to its lowest level in more than three years, the U.S. economy is signaling a shift toward stability. August saw inflation rise by just 2.5% year over year, down from 2.9% in July. This steady decline, coupled with the expectation of an interest rate cut from the Federal Reserve, is setting the stage for improved consumer confidence. For investors, this marks an opportune moment to consider sectors poised to benefit from these positive trends. One of the beneficiaries of this cooling ...
Crocs (CROX) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-09-12 17:45
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style ...
CROX vs. LULU: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-09-12 16:41
Investors interested in Textile - Apparel stocks are likely familiar with Crocs (CROX) and Lululemon (LULU) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate revision t ...
Is Crocs (CROX) Stock Undervalued Right Now?
ZACKS· 2024-09-12 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of ...
Is Crocs (CROX) Stock Outpacing Its Consumer Discretionary Peers This Year?
ZACKS· 2024-09-12 14:46
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Crocs (CROX) one of those stocks right now? A quick glance at the company's yearto-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question. Crocs is a member of the Consumer Discretionary sector. This group includes 277 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank considers ...
Crocs To Gain From Double-Digit Growth Internationally Despite China Slowdown: Analyst Explains Why
Benzinga· 2024-09-10 16:12
BofA Securities analyst Christopher Nardone reiterated the Buy rating on Crocs, Inc. CROX, with a price forecast of $179. According to Nardone, Crocs' China business remains relatively small, allowing the company to achieve strong growth despite a tough macroeconomic environment. A modest slowdown in China is unlikely to significantly impact the analyst's forecast for sustained double-digit growth internationally. The key issue is whether Crocs' core business in North America will keep slowing down. Last qu ...
Is It Worth Investing in Crocs (CROX) Based on Wall Street's Bullish Views?
ZACKS· 2024-09-06 14:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Crocs (CROX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Crocs currently has an average bro ...