Added to YB: 2026-04-07
Pitch date: 2026-04-03
CROX [neutral]
Crocs, Inc.
+5.51%
current return
Author Info
The Finance Corner shares deep dives into interesting companies. 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 kids under the Crocs and HEYDUDE Brands in the United States and internationally.
Market Cap
$4.2B
Pitch Price
$84.36
Price Target
105.00 (+18%)
Dividend
N/A
EV/EBITDA
5.04
P/E
-55.77
EV/Sales
1.41
Sector
Textiles, Apparel and Luxury Goods
Category
value
Crocs - The 'fashion fad' is still around
CROX (update): HEYDUDE underperformed 2025 guidance (rev -13% vs -8% guide, total rev -1% vs +2%), led to $738M impairment on $2.5B acquisition. Crocs brand +1% vs +5% guide. 2026 guide: -1% to flat rev despite store expansion. Strong FCF $660M, bought back 10% shares, debt down to <$1.5B. Fair value $105 (~20% upside) at 1% growth, 20% op margin assumptions.
Read full article (4 min)