Crocs Stock Up on Q4 Earnings Beat, DTC Revenues Grow 5.5% Y/Y

Crocs, Inc. (CROX) posted solid results for fourth-quarter 2024, wherein the bottom and top lines surpassed the Zacks Consensus Estimate. While revenues grew year over year, earnings dipped.  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.Driven by solid results in the fourth quarter of 2024, Crocs’ shares jumped nearly 24% in the trading hours yesterday. In the past th ...