After reporting Q3 earnings, Crocs (NASDAQ: CROX ) stock fell by more than 20%. While I agree with the market that this quarter was lower than expected overall and that this even changes the fair value a bit, I disagree withEquity Research Analyst with a broad career in the financial market, covered both Brazilian and global stocks. As a value investor, my analysis is primarily fundamental, focusing on identifying undervalued stocks with growth potential.Associated with the existing author D.M. Martins Rese ...

Crocs (NASDAQ: CROX ) released 3Q24, including updated guidance for FY24 and some sneak peeks into FY25. Despite growth in Crocs, the market didn't like the results, probably because of the loss in operating margin (expected to be worse in FY25) and late HeyDude turnaround, leadingLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understa ...

Crocs, Inc. CROX reported third-quarter financial results and lowered its revenue guidance related to the HEYDUDE Brand on Tuesday.The company reported adjusted earnings per share of $3.60 (+11%), beating the street view of $3.10. Quarterly revenues of $1.062 billion (+2%) beat the analyst consensus of $1.05 billion.Crocs Brand revenues increased 7.4% to $858 million, or 7.9% on a constant currency basis. HEYDUDE Brand revenues decreased 17.4% to $204 million."We have sharpened our strategy around HEYDUDE a ...

Earnings season has now kicked off, and it seems that a number of value stocks are skidding deeper into the red. Such is the case for Crocs (NASDAQ: CROX ), the eponymous shoe-maker that has struggled With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. ...

Nikolaos Sismanis holds a BSc in Banking and Finance and has over five years of experience as an equities analyst. He covers a variety of growth stocks and income stocks, including identifying those with the highest expected return potential, and a solid margin of safety. He is a contributing author to the investing group He is a contributing author to the investing group Wheel of Fortune where they share actionable trading ideas across all asset-classes, sectors and industries. The goal of the service is t ...

Croos (CROX) has been beaten down lately with too much selling pressure. While the stock has lost 21.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. How to Determine if a Stock is Oversold We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that m ...

Crocs, Inc. (CROX) posted solid results for third-quarter 2024, wherein the bottom and top lines surpassed the Zacks Consensus Estimate and grew year over year. Results gained from strength in the Crocs brand and outstanding international growth. With respect to the HEYDUDE brand, management has been making improvements to aid sustainable growth. In the quarter, CROX launched TikTok Shop and has been receiving a positive response. In addition, clogs, sandals and personalization rose during the quarter, driv ...

The Crocs brand is growing, but Heydude is a drag on results. Crocs (CROX -19.17%) brand is growing, but a turnaround at Heydude is going to take even more time, and that's why shares plunged 19% on Tuesday. In this video, Travis Hoium digs through the results and explains why investors are worried about Heydude. *Stock prices used were end-of-day prices of Oct. 29, 2024. The video was published on Oct. 29, 2024. ...

Shares of Crocs tumbled 18% after the comfy shoe maker posted disappointing profits, blaming its struggling loafer brand, HeyDude. Crocs executives admitted during a Tuesday earnings call that its 2022 HeyDude acquisition is dinging its otherwise strong growth. The Broomfield, Colo.-based company said overall 2024 sales will rise 3% compared with its previous estimate of 3% to 5% — crushed by a 14.5% sales decline of HeyDude merchandise. By comparison, the Crocs brand is expected to grow by 8% this year, th ...

Key TakeawaysCrocs shares plunged Tuesday as sales of its smaller Heydude brand remain a drag on earnings.The footwear maker's earnings posted Tuesday beat estimates for the third quarter, but the company also lowered projections for the full year.Sales of the Heydude brand for the full year are seen dropping 14.5% year-over-year, a much larger decline than Crocs' previously forecast 8% to 10% fall. Shares of Crocs, Inc. (CROX) fell more than 18% Tuesday after the company's third-quarter earnings beat was o ...