Crocs(CROX)

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Crocs Stock Slips After Earnings Beat: Will It Bounce Back?
MarketBeat· 2024-08-15 11:17
Crocs Today CROX Crocs $131.39 -3.22 (-2.39%) 52-Week Range $74.00 ▼ $165.32 P/E Ratio 10.17 Price Target $154.09 Add to Watchlist Casual footwear maker Crocs Inc. NASDAQ: CROX reported solid Q2 2024 results, but shares initially sold off. The maker of iconic clogstyle shoes made from its proprietary Croslite foam material achieved record results, but investors were disappointed by its conservative inline guidance for the year. The company is focusing on growing its international footprint as its penetratio ...
1 Magnificent Stock Up 451% in 5 Years: Should You Buy Now?
The Motley Fool· 2024-08-15 08:20
Despite its impressive gains, this stock isn't grabbing headlines, but investors should pay attention. Given all the attention that tech stocks have gotten, particularly those with heavy exposure to the artificial intelligence boom, it's easy for investors to forget that monster investment returns can be had by putting your money into "boring" enterprises. Crocs (CROX -2.39%), the maker of popular foam clog slip-ons, is the perfect example. In the past five years, this magnificent shoe stock has risen an aw ...
3 Stocks That Could Help You Get Richer in 2024
The Motley Fool· 2024-08-08 13:55
Stock prices are starting to slide and that's a long-term investor's opportunity. On Aug. 5, global stock markets crashed for a variety of reasons, including a weakening U.S. economy, geopolitical tensions, and a complicated investing issue called the "yen carry trade." In short, there's a lot of leverage in the investing world. And as certain things deteriorate, investors are forced to sell their stocks, which drives prices down. It's important for investors to keep perspective: The S&P 500 is still up mor ...
Can Crocs (CROX) Stock Move Higher Again as Markets Stabilize?
ZACKS· 2024-08-08 00:05
Recent market volatility interrupted what might have been a sharp rally in Crocs (CROX) stock after the leading footwear company posted strong Q2 results last Thursday. Despite giving back some of its lofty gains this year, Crocs stock is still up +35% to impressively top the broader indexes and many of its Zacks Textile-Apparel Industry peers including Ralph Lauren's (RL) +11% and Guess (GES) at -3%. With Crocs' growth making its stock one of the top performers in recent years let's see if it's time to buy ...
Insider Alert: Crocs Director Buys $247K of CROX Stock
Investor Place· 2024-08-06 19:11
Crocs (NASDAQ:CROX) stock is moving higher following an insider buy. The buy came just one day after the foam clogs company reported its second-quarter earnings. On Aug. 2, Director John Replogle purchased 1,996 shares of CROX stock. Replogle bought the shares at an average price of $123.95. In total, the transaction was worth $247,420 and brought Replogle's ownership to 7,064 shares. This marks the first Crocs insider purchase since March 14, which is also attributed to Replogle. The buy also ends a streak ...
These 2 Magnificent Growth Stocks Are Set to Soar This Summer and Beyond
The Motley Fool· 2024-08-04 14:45
If you're investing cash this summer, there are so many compelling options to choose from now. Summer is here, and wherever you're spending this season, you might want to grow your portfolio as you go. The best way to build a portfolio that stands the test of time is to steadily invest your cash through methods like dollar-cost averaging, where you regularly invest a set amount of money into multiple stocks and/or asset classes. If you have cash at the ready that you can leave in stocks for at least three t ...
Crocs Is an Incredible Buy After Earnings
The Motley Fool· 2024-08-03 13:00
Crocs is growing, and it's trading for a good value, especially if the Hey Dude brand picks up again. Crocs (CROX -5.73%) reported better-than-expected earnings this week, but the stock didn't react positively. That's a great opportunity for investors who can expect more growth from Crocs and may see a turnaround at Hey Dude later this year. Travis Hoium digs into the numbers in this video. *Stock prices used were end-of-day prices of Aug. 1, 2024. The video was published on Aug. 2, 2024. ...
CROX Stock Is Falling Despite a Strong Q2. What's Causing the Footwear Fumbles?
Investor Place· 2024-08-01 19:35
Crocs (NASDAQ:CROX) stock is trading about 2% lower after the footwear company reported its secondquarter earnings. Crocs' revenue grew by 3.6% to $1.11 billion, beating the analyst estimate for $1.1 billion. International revenue for Crocs remains strong, growing by 18.7% to $425 million. However, HEYDUDE has continued to struggle, with revenue falling by 17.5% to $198 million. Crocs acquired HEYDUDE in December 2021 for $2.5 billion. "Strength in the quarter was led by our Crocs Brand with exceptional gro ...
Crocs (CROX) Q2 Earnings Beat, DTC Revenues Rise 8.9% Y/Y
ZACKS· 2024-08-01 18:42
Crocs, Inc. (CROX) posted solid results for second-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. As a result, Crocs raised its operating margin and earnings per share view for the current year while reiterating the revenue guidance. We note that shares of thi ...
Crocs Stock Loses Its Footing
Investopedia· 2024-08-01 18:31
Key Takeaways Crocs raised its full-year guidance but issued a third-quarter earnings projection below analysts' expectations. The footwear company posted record revenue and earnings in the second quarter. Part of the problem: A weak sales outlook for its Heydude brand, where it expects to pick up its marketing work in the second half. Crocs (CROX) delivered record revenue and earnings with its second-quarter results, but an underwhelming profit projection put a damper on the footwear company's momentum. Th ...