Added to YB: 2024-12-26
Pitch date: 2024-12-21
CROX [bullish]
Crocs, Inc.
-19.23%
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 children under the Crocs and HEYDUDE Brands in the United States and internationally.
Market Cap
$3.8B
Pitch Price
$111.31
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
growth
Continued thinking on CROX
CROX: Strong core brand w/ 24% CAGR since 2020, 100M+ pairs sold globally. Hey Dude acquisition struggling but early. Mgmt confident in LT value. Core biz stable in NA, growing int'l. Mid-20% op margins, high FCF. China/India growth potential. Attractive valuation vs peers. Market underestimates staying power.
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