The shoe business I'm talking about isn't Nike, Under Armour, or Adidas. It's Crocs (CROX -0.75%). The maker of popular foam clogs continues to please its shareholders thanks to strong demand for its products. Revenue was up 6% year over year in Q1. The gain was driven by remarkable growth in China, where sales skyrocketed in the triple-digits. Crocs generates far less revenue in the Asian nation than it does in the U.S., so there is a sizable expansionary runway to further penetrate the world's second-bigg ...

The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on May 7, 2024, Crocs reported EPS of $3.02 versus consensus estimate of $2.25 while it beat the consensus revenue estimate by 0.2%. For the current fiscal year, Crocs is expected to post earnings of $12.66 per share on $4.13 billion in revenues. This represents a 5.24% change in EPS on a 4.35% change in revenues. For the next fi ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell- side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Crocs (CROX) . Crocs currently has an average brokerage recommendation ( ...

Crocs (CROX) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earnings ...

Investors interested in Textile - Apparel stocks are likely familiar with Crocs (CROX) and LVMH-Moet Hennessy Louis Vuitton SA (LVMUY) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive est ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What ar ...

Fans will receive a 10% discount when they bring used Crocs shoes to any retail location in the continental United States or go online for a no-cost mail-back optionBROOMFIELD, Colo., May 9, 2024 /PRNewswire/ -- Crocs, Inc. (NADSAQ: CROX) invites people across the country to participate in the 'Old Crocs. New Life' shoe takeback program. All Crocs retail and outlet locations in the United States, excluding Hawaii and Puerto Rico, are now equipped with designated collection boxes for fans to drop off Crocs s ...

Crocs growth is picking up and it's time to pay attention.Crocs (CROX -0.78%) may not be the most popular shoe on Wall Street, but the stock is making investors pay attention with strong growth and a very reasonable valuation. In this video, Travis Hoium covers the company's recent quarterly results.*Stock prices used were end-of-day prices of May 7, 2024. The video was published on May 8, 2024. ...

Crocs (CROX)  stock has highlighted this week’s earnings lineup after crushing Q1 earnings expectations on Tuesday. The footwear and apparel leader has seen its stock soar over +40% this year to impressively outpace the broader indexes and many noteworthy peers such as Guess (GES)  and Ralph Lauren (RL) .That said, let’s see if it's still worth holding or buying Crocs stock after the company’s impressive Q1 results.Image Source: Zacks Investment ResearchStrong Q1 ResultsCrocs brand growth remains compelling ...

Crocs is beating the market after back-to-back blowout quarters in 2024.One of this week's early winners is Crocs (CROX -0.66%). The maker of footwear that's easier on the feet than it is on the eyes jumped 8% higher on Tuesday after posting better-than-expected results for the first quarter.It seems Crocs doesn't get the respect it deserves as an investment. Its distinctive yet fashionably polarizing clogs are often the butt of a joke, but its investors seem to be laughing all the way to the bank. The stoc ...