Crocs Poised To Drive HEYDUDE's Turnaround

Company Overview - HEYDUDE, a casual footwear brand, was acquired by Crocs, Inc. for $2.5 billion in early 2022 [1] - Since 2023, HEYDUDE has faced challenges in increasing revenues, leading to management reducing fiscal year guidance every quarter for two consecutive years [1] Stock Performance - The continuous reduction in revenue guidance has significantly impacted the stock performance of Crocs, Inc. [1]