ATTENTION NASDAQ: CROX INVESTORS: Contact Berger Montague About a Crocs Class Action Lawsuit

Core Viewpoint - A securities class action lawsuit has been filed against Crocs, Inc. for allegedly misleading investors regarding the revenue growth of HEYDUDE following its acquisition in February 2022 [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit is on behalf of purchasers of Crocs securities from November 3, 2022, to October 28, 2024 [1][3]. - Investors have until March 24, 2025, to seek appointment as lead plaintiff [3]. Financial Performance - Crocs reported disappointing HEYDUDE revenues in its Q3 2024 results, stating that it would take longer than expected for the business to improve [4]. - The CEO acknowledged that excess inventories and lack of product demand contributed to HEYDUDE's struggles, admitting that too much product was shipped [4]. Market Reaction - Following the announcement of HEYDUDE's underperformance, Crocs' share price dropped by $26.47, or 19%, from $138.05 to $111.58 on October 29, 2024 [5].