Crocs

Search documents
X @The Wall Street Journal
The Wall Street Journal· 2025-08-20 13:38
For the better part of a decade, Crocs stumbled in China. Today, Shanghai subway cars are packed with fashionable Crocs-wearers. https://t.co/mX9LXTLGXf ...
Run To Buy CROX Stock At $75?
Forbes· 2025-08-08 15:35
Core Viewpoint - Crocs stock (NASDAQ:CROX) has experienced a significant decline of 30% due to disappointing guidance and order reductions for the remainder of the year, indicating a deteriorating fundamental outlook [2][7] Financial Performance - The company has seen a drastic drop in revenue growth from nearly 20% in recent years to just 3% in the last quarter, signaling a fundamental shift [4][5] - Operating margins have decreased sharply from an average of 26% over four years to only 6% currently, reflecting a troubling trend in profitability [4] - Earnings per share have declined from $15.88 last year to $13.35 in the last twelve months, with projections for 2025 at $11.32 [4] Market Sentiment - The stock is currently trading at 7x forward adjusted earnings, which may appear attractive but could indicate anticipated further challenges rather than a bargain [3][10] - Historical data shows that Crocs tends to decline more severely than the market during turbulent times, suggesting that the current selling pressure may not be over [7][10] Management Actions - The management's decision to reduce orders indicates a clear concern about demand, which could further impact revenue and growth prospects [5][7] - There is speculation that management might be proactively positioning the company for better comparisons in the future, despite current challenges [10] Brand and Market Position - Despite financial difficulties, Crocs maintains strong brand loyalty and a dedicated customer base, which may help in recovering once economic conditions improve [10] - The footwear market is subject to unpredictable fashion trends, and Crocs' reliance on these trends could pose additional risks [5] Economic Context - Economic instability tends to affect discretionary spending, which could further challenge Crocs as consumers prioritize essential purchases over non-essential items like footwear [5][7] - If consumer sentiment shifts positively, Crocs could benefit disproportionately from increased spending on discretionary items [10]
Crocs, Inc. Announces STEP UP TO GREATNESS to Help Young People Build Skills
Prnewswire· 2025-07-24 13:00
Core Perspective - Crocs, Inc. has launched a community impact platform called STEP UP TO GREATNESS aimed at positively impacting over 3 million youth globally by equipping them with essential skills and opportunities [1][2] Group 1: STEP UP TO GREATNESS Initiative - The STEP UP TO GREATNESS platform focuses on helping young people gain skills, build confidence, and access opportunities to reach their potential [1][2] - Crocs, Inc. has committed to a multi-year partnership with UNICEF's UPSHIFT program, which aims to equip youth with 21st-century skills through innovation and entrepreneurship [1][3] Group 2: Partnership with UNICEF - UNICEF's UPSHIFT program has graduated 5.2 million participants over the last decade, collectively completing 145 million learning hours across 56 countries [4] - The partnership with Crocs, Inc. is expected to scale the impact of UPSHIFT, focusing on unlocking youth potential and fostering problem-solving skills [4] Group 3: Company Mission and Values - Crocs, Inc. aims to create a more comfortable world for all, which includes supporting communities through initiatives like STEP UP TO GREATNESS [4] - The company emphasizes the importance of creativity, communication, innovation, collaboration, and adaptability as fundamental skills for the future [3]
Crocs, Inc. Announces Conference Call to Review Second Quarter 2025 Earnings Results
Prnewswire· 2025-07-11 11:30
Company Overview - Crocs, Inc. is headquartered in Broomfield, Colorado, and is a leader in innovative casual footwear, combining comfort and style with consumer value [2] - The company's brands include Crocs and HEYDUDE, with products sold in over 80 countries through wholesale and direct-to-consumer channels [2] Upcoming Events - Crocs, Inc. will host a conference call on August 7, 2025, at 8:30 am ET to discuss the results of its second quarter ended June 30, 2025 [1] - Details for the conference call can be found in the Investor Relations section of the Crocs website, and the webcast will be available live and on replay until August 7, 2026 [1]
Crocs, Inc. to Present at Baird's 2025 Global Consumer, Technology & Services Conference
Prnewswire· 2025-05-27 20:00
Core Viewpoint - Crocs, Inc. will present at Baird's 2025 Global Consumer, Technology & Services Conference on June 3, 2025, at 8:30 AM ET, highlighting its position as a leader in innovative casual footwear [1]. Company Overview - Crocs, Inc. is headquartered in Broomfield, Colorado, and is recognized as a world leader in innovative casual footwear, combining comfort and style [2]. - The company's brands include Crocs and HEYDUDE, with products sold in over 80 countries through wholesale and direct-to-consumer channels [2]. - For more information, stakeholders can visit the Investor Relations section of the Crocs website [2].
Crocs, Inc. Appoints Terence Reilly to Chief Brand Officer Role
Prnewswire· 2025-05-21 20:30
Core Insights - Crocs, Inc. has appointed Terence Reilly as Executive Vice President and Chief Brand Officer, overseeing marketing and communications for both Crocs and HEYDUDE brands, effective immediately [1][2] - Reilly has a strong background in brand management and will focus on enhancing brand identity, consumer engagement, and storytelling to strengthen the company's global narrative [2][4] - Andrew Rees, CEO, will serve as interim President for HEYDUDE until a permanent structure is established [3] Company Strategy - The new role for Reilly aims to elevate creative direction and deepen consumer connectivity globally [2][4] - Reilly's leadership has already shown positive results for the HEYDUDE brand, indicating a strategic focus and authentic consumer connections [4] - The company is positioning itself for sustainable long-term brand growth through innovative strategies and enhanced consumer engagement [4] Brand Overview - Crocs, Inc. is recognized as a leader in innovative casual footwear, with products sold in over 80 countries through various channels [5] - The company combines comfort and style, appealing to a wide consumer base [5]
Crocs, Inc. Reports Better-Than-Expected First Quarter Results Fueled by Outperformance in Both Crocs and HEYDUDE Brands
Prnewswire· 2025-05-08 11:00
BROOMFIELD, Colo., May 8, 2025 /PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX), a world leader in innovative casual footwear for all, today announced its first quarter 2025 financial results."We are incredibly proud of our better-than-expected first quarter performance despite what has been an increasingly volatile macroeconomic backdrop since the onset of the year. Both our Crocs and HEYDUDE brands contributed to the outperformance with gross margins, operating margins, adjusted earnings per share, and cash flo ...