Crocs: Cleaning Up Wholesale, Share Repurchases At A Deeply Discounted Valuation
Core Insights - Crocs (CROX) reported flattish revenues in its fourth quarter, with both revenue and earnings exceeding expectations due to improved inventory management, growth in direct-to-consumer (DTC) sales, and stabilization of margins [1] Financial Performance - The core Crocs brand demonstrated stability, particularly in markets outside the United States [1]