Core Insights - Crocs, Inc. (CROX) is expected to report fourth-quarter 2025 results on February 12, with revenue estimates at $916.6 million, reflecting a 7.4% decline year-over-year. Earnings per share are estimated at $1.91, indicating a 24.2% decrease from the previous year [1][3]. Financial Performance - The company has a trailing four-quarter earnings surprise average of 14.3%, with the last quarter's earnings exceeding estimates by 22.2% [2]. - Management projected a revenue decline of approximately 8% year-over-year, with Crocs brand revenues expected to drop around 3% and HEYDUDE brand revenues anticipated to fall mid-20% [5]. Operational Challenges - Crocs is facing a challenging operating environment, with margins pressured by increased expenses, tariffs, and higher selling, general and administrative (SG&A) costs [3][9]. - The HEYDUDE brand has been experiencing weak trends, with revenue estimates for the quarter at $175 million, down about 23% year-over-year due to cautious consumer behavior and wholesale channel pressures [4][9]. Brand Performance - Despite challenges, Crocs has seen strength in its core products, including clogs, sandals, and personalization offerings, which may help cushion overall performance [6][9]. - The Jibbitz business has also shown encouraging results, contributing positively to the company's performance [6]. Valuation - Crocs is currently trading at a forward 12-month price-to-earnings ratio of 6.83x, significantly below its five-year high of 25.08x and the industry average of 16.16x, indicating an attractive investment opportunity [10]. - The company's shares have increased by 12.1% over the past six months, contrasting with a 2.7% decline in the industry [10].

分组1 - Birkenstock reported quarterly earnings of $0.6 per share, exceeding the Zacks Consensus Estimate of $0.4 per share, and showing an increase from $0.32 per share a year ago, representing an earnings surprise of +50.00% [1] - The company achieved revenues of $615.25 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.41%, and up from $500.9 million year-over-year [2] - Birkenstock has outperformed consensus EPS estimates in all four of the last quarters and has topped revenue estimates two times in the same period [2] 分组2 - The stock has underperformed the market, losing about 18.1% since the beginning of the year, while the S&P 500 gained 14.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.29 on revenues of $463.6 million, and for the current fiscal year, it is $2.30 on revenues of $2.75 billion [7] - The Shoes and Retail Apparel industry, to which Birkenstock belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Birkenstock reported higher sales and profit on strong demand for its pricey sandals and clogs, while predicting a slower pace of growth for the year ahead https://t.co/EJRtqTRRaL ...

Core Insights - German footwear brand Birkenstock exceeded Wall Street expectations for fourth-quarter revenue, driven by strong demand for its sandals and clogs among affluent consumers [1] Group 1 - Birkenstock's strong performance is attributed to increased sales from its popular sandal and clog lines [1] - The demand surge is particularly noted among affluent shoppers, indicating a potential trend in consumer spending behavior [1] - The results come ahead of a crucial holiday season, suggesting that the brand is well-positioned for continued growth [1]

Core Insights - MillerKnoll reported quarterly earnings of $0.43 per share, exceeding the Zacks Consensus Estimate of $0.42 per share, but down from $0.55 per share a year ago, indicating an earnings surprise of +2.38% [1] - The company achieved revenues of $955.2 million for the quarter, surpassing the Zacks Consensus Estimate by 1.18%, although this is a decrease from $970.4 million in the same quarter last year [2] - MillerKnoll has outperformed consensus EPS estimates three times in the last four quarters, but the stock has underperformed the market, losing about 26.1% year-to-date compared to the S&P 500's gain of 15.6% [3][4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.41 on revenues of $922.4 million, and for the current fiscal year, it is $1.86 on revenues of $3.8 billion [7] - The trend of estimate revisions for MillerKnoll was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Furniture industry, to which MillerKnoll belongs, is currently ranked in the top 29% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]

Core Insights - Crocs stock has started to recover from a significant year-to-date decline, with shares down approximately 18% year to date despite a recent rebound [7] - Blueshift Asset Management has initiated a new position in Crocs, acquiring 48,877 shares valued at $4.08 million, representing 1.3% of the fund's reportable U.S. equity assets [2][3] Company Overview - Crocs offers a diverse range of casual footwear products, including clogs, sandals, slides, and accessories, and operates through a multi-channel model that includes wholesale distribution, retail stores, and e-commerce platforms [4][10] - The company targets a wide consumer base across men, women, and children in approximately 85 countries, with a presence in regions such as the Americas, Asia Pacific, Europe, the Middle East, and Africa [5] Financial Performance - As of November 12, 2025, Crocs' stock price was $74.45, with a market capitalization of $4.18 billion, revenue of $4.07 billion, and net income of $182.55 million for the trailing twelve months (TTM) [3] - The acquisition of the casual footwear brand Heydude for approximately $2.5 billion in February 2022 has not yielded the expected immediate revenue growth, with Heydude's revenue dropping nearly 22% to $160 million in the third quarter of this year [6] Investment Activity - Blueshift Asset Management's investment in Crocs indicates a belief in the potential for recovery, as it has made Crocs a top holding during the third quarter [7][8]

Company Overview - Crocs, Inc. (CROX) is an American footwear company recognized for its signature clogs, slides, sandals, and boots [1] Industry Position - The company operates within the consumer cyclical sector, focusing on the design, manufacturing, and marketing of footwear products for men, women, and children [1]

Company Overview - Crocs, Inc. (CROX) is an American footwear company recognized for its signature clogs, slides, sandals, and boots [1] - The company operates within the consumer cyclical sector and focuses on designing, manufacturing, and marketing products for men, women, and children [1]

Core Insights - Crocs, Inc. (CROX) is set to report third-quarter 2025 results on October 30, with revenue expectations of $965.1 million, reflecting a 9.1% decline year-over-year. Earnings per share are estimated at $2.37, down 34.2% from the previous year [1][3]. Financial Performance - The company has a trailing four-quarter earnings surprise average of 12.5%, with the last quarter exceeding estimates by 5.5% [2]. - The consensus estimate for direct-to-consumer (DTC) revenues is $507 million for the third quarter, indicating growth despite overall brand challenges [6]. Brand and Market Dynamics - Crocs' HEYDUDE brand is experiencing persistent softness due to cautious U.S. consumer behavior, elevated tariffs, and pressures in the wholesale channel [3][9]. - The company anticipates a sales decline of 9-11%, influenced by marketplace cleanups, reduced wholesale volumes, and increased input costs [4]. Operational Challenges - Increased investments in talent, marketing, and DTC expansion, along with higher selling, general and administrative (SG&A) expenses, are impacting operating leverage [5]. - The company expects an adjusted operating margin of 18-19%, with a negative impact of approximately 170 basis points from tariffs [5]. Valuation Perspective - Crocs is trading at a forward 12-month price-to-earnings ratio of 7.26x, below its five-year high of 26.17x and the industry average of 16.95x, presenting an attractive investment opportunity [10]. - The stock has declined by 13.9% over the past six months, compared to a 5.6% drop in the industry [10].

Sales Forecast - Birkenstock 提高了销售预测，原因是凉鞋和木底鞋的需求强劲 [1]