Added to YB: 2024-03-11
Pitch date: 2024-03-10
CROX [neutral]
Crocs, Inc.
-28.01%
current return
Author Info
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
$124.90
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
Crocs. Cultish, casual and cheap
CROX: $7.45B mcap, P/E 9.6. Iconic clogs 76% rev, HEYDUDE 24%. 150M shoes in 85 countries. 56% gm, 20% nm. CEO Rees 1.6% stake, $2.5B HEYDUDE buy. $800M FCF, 10% yield. Risks: fad, celeb reliance, adapting to trends. Low 5-10% growth expected.
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