Added to YB: 2026-04-14
Pitch date: 2026-04-10
CROX [neutral]
Crocs, Inc.
+1.08%
current return
Author Info
No bio for this author
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
$5.0B
Pitch Price
$99.15
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.75
P/E
-66.51
EV/Sales
1.61
Sector
Textiles, Apparel and Luxury Goods
Category
value
Crocs: Ugly shoes, beautiful stocks?
CROX (pass): Trades at 7x NTM P/E, 10% FCF yield but high fashion risk - clogs are 50%+ of rev & Google Trends show declining interest like 2013-17 downturn. HEYDUDE acquisition failed (USD 738M writedown, -14% rev 2025). China growth (30% 2025) may not be durable. Operating margins falling (36% to 33% Crocs Brand, 17% to 10% HEYDUDE). Limited pricing power vs peers, outlet stores now 61% of retail. Fashion trends too hard to forecast.
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