Added to YB: 2025-08-13
Pitch date: 2025-08-11
CROX [neutral]
Crocs, Inc.
+19.27%
current return
Author Info
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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
$76.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.58
P/E
22.50
EV/Sales
1.32
Sector
Textiles, Apparel and Luxury Goods
Category
value
Passing on CROX
CROX (earnings update): Strong Q2 ($1.1B rev +3% YoY, 61.7% gross margin +30bps, 27% adj op margin, $4.23 adj EPS +5% YoY) yet stock down 30%. Headwinds: shelf space loss, tariffs, $737M HEYDUDE writedown. Still #1 on TikTok shop with 'democratic' pricing. Company bought back 23% of shares since 2018, but multiples keep declining.
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