Crocs Stock News

Crocs' growth drivers include international expansion, sandals, and robust gross margins, despite a slowdown in revenue and HeyDude's underperformance. Q3 results exceeded guidance, but stock dropped due to slower revenue growth and HeyDude's continued weakness, despite strong EPS growth. CROX's international segment, especially in China, shows significant long-term potential with new store ope...

Crocs has been oversold at current levels, as the market over-reacts to the softer FQ4'24 guidance and the stock tanking by -21% over two days. If anything, HEYDUDE has shown sequential sales growth since FQ1'24, with FY2025 likely to bring forth an easier YoY comparison. We also believe that the domestic demand headwinds may be well balanced by the double digit growths observed in the internat...

The stock got slammed after management lowered its guidance.

I maintain my “buy” rating for Crocs stock, while reducing my price target to $132, as the management reduced its FY24 revenue guidance, despite outperforming in its Q3 earnings report. The downward revision in FY24 revenue guidance is primarily driven by its HEYDUDE segment, which is taking longer than expected to demonstrate a material revival. However, underlying fundamentals of HEYDUDE are ...

Crocs stock is undervalued despite strong brand growth, presenting a potential buying opportunity. HEYDUDE's struggles impact results, yet CROX's core brand momentum remains solid. Crocs' cash flow and buybacks support long-term shareholder value despite market concerns.

Two big losers of earnings season this week could be winners in the long run.

Crocs' stock dropped nearly 20% after 3Q24 results, driven by declining operating margins and a delayed Hey Dude turnaround, despite international growth. CROX trades at a low P/E of 9x FY24 earnings because of concerns about margin sustainability and profitability. The Company's explosive post-pandemic growth now faces fashion risk, and Hey Dude's underperformance adds uncertainty to future re...

Crocs' shares dropped nearly 20% post-Q3 earnings despite beating estimates, presenting a buying opportunity at a single-digit P/E ratio. The HEYDUDE subsidiary's struggles are significant but represent only 20% of Crocs' business, with the core brand maintaining strong performance. The company pulled down its revenue guidance for FY24 due to HEYDUDE's slow sales, but actually boosted its full-...