Added to YB: 2025-06-06
Pitch date: 2025-06-05
CROX [bullish]
Crocs, Inc.
-10.01%
current return
Author Info
Chop Wood, Carry Water is a tech manager and investor searching for value-based investments. Sign up for the newsletter.
Company Info
Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.
Market Cap
$3.8B
Pitch Price
$99.91
Price Target
160.00 (+78%)
Dividend
N/A
EV/EBITDA
4.58
P/E
22.50
EV/Sales
1.32
Sector
Textiles, Apparel and Luxury Goods
Category
value
$CROX Quick Pitch
CROX bullish: Trading at 6.7x P/E vs intrinsic value of $160+. Q1 EPS $3.00 beat expectations with 57.8% gross margins. Core brand +2.4% YoY with strong international growth (+4%), but US -3%. HEYDUDE declining -9.8%. Risks: China tariffs ($11M impact), HEYDUDE legal issues. Strong buybacks ($61M in Q1) with $1.3B remaining.
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