Crocs Inc.’s shares fell the most in more than a year after the seller of brightly colored plastic clogs tempered growth expectations and warned of sales declines for its casual HeyDude brand.
Sales of the Crocs Heydude brand declined 17% to $204 million. (Valerie Terranova/Getty Images) Shares for Crocs stumbled after the footwear company dimmed its guidance due to a steep decline in ...
The firm says North America softness, Heydude declines and margin pressure lower visibility and decrease confidence in Crocs’ earnings upside potential. The company’s planned domestic sales ...
Shares of Crocs, Inc. (CROX) are sinking as the company expects 2024 sales growth to come in on the low end of its prior guidance, given the weak performance of its HeyDude brand. Market ...
Footwear company Crocs (NASDAQ:CROX) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 1.6% year on year to $1.06 billion. Its non-GAAP profit of $3.60 per ...
Shares of Crocs, Inc. (CROX) are sinking as the company expects 2024 sales growth to come in on the low end of its prior guidance, given the weak performance of its HeyDude brand. Market Domination ...
Crocs said it now expects to report annual revenue growth of around 3% versus the prior year in 2024, at the bottom end of its previously forecast of between 3% to 5%. Sales at its Hey Dude division, ...