US2270461096 - Common Stock
CROCS INC (NASDAQ:CROX) stands out as a stock that provides good value for the fundamentals it showcases.
The stock got slammed after management lowered its guidance.
Two big losers of earnings season this week could be winners in the long run.
The Crocs brand is growing, but Heydude is a drag on results.
CROX earnings call for the period ending September 30, 2024.
Shares of footwear company Crocs (NASDAQ:CROX) fell 18.8% in the morning session after the company reported weak third-quarter earnings as management lowered full-year revenue guidance. The revision is mainly reflected in the HEYDUDE Brand, with full-year sales expected to be down approximately 14.5%, compared to the previous forecast of a 10% to 8% decline. Also, management added that it would take longer than expected for the brand to turn the corner. Similarly, its EPS forecast for the next quarter missed expectations.
Crocs made a big acquisition nearly three years ago, and it's still not paying off as investors had hoped.
Leading earnings movers Tuesday include JetBlue Airways and Opera.
Crocs Inc.’s shares fell as much as 16% in US premarket trading after the seller of brightly colored plastic clogs tempered growth expectations and warned of sales declines for its casual HeyDude brand.
Footwear company Crocs (NASDAQ:CROX) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 1.6% year on year to $1.06 billion. Its non-GAAP profit of $3.60 per share was also 15.9% above analysts’ consensus estimates.
/PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX), a world leader in innovative casual footwear for all, today announced its third quarter 2024 financial results. "We...
Footwear company Crocs (NASDAQ:CROX) will be announcing earnings results tomorrow before the bell. Here’s what to expect.
The American Forest Foundation will hold the US's first nature-based carbon credit auction in February 2025. The group hopes auctions like this one will help the languishing voluntary carbon market finally scale up.
/PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX) announced today that on Tuesday, October 29, 2024, at 8:30 am ET, it will host a conference call to discuss the...
/PRNewswire/ -- This year, Crocs (NASDAQ: CROX) has officially reached the pinnacle of fandom. The global footwear brand's annual Croctober festivities promise...
Here are four stocks to buy now that could offer investors upside in the short and long term.
You don't have to like the style of the shoes, but I think you'll like these numbers.