Revenue segments as reported by the company.

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expenses

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Crocs

Crocs, Inc. engages in the design, development, manufacturing, worldwide marketing, sale and distribution of casual footwear, apparel, and accessories for men, women, and children. It operates through the following segments: Americas, Asia Pacific and Europe, Middle East & Africa (EMEA). The Americas segment consists of the revenues and expenses related to product sales in North and South America. The Asia Pacific segment includes the revenues and expenses related to the product sales in Asia, Australia and New Zealand. The EMEA segment contains the revenues and expenses related to the product sales in Europe, Russia, Africa and the Middle East. The company was founded by Scott Seamans, George B. Boedecker, Jr. and Lyndon V. Hanson III in 2002 and is headquartered in Broomfield, CO.

Earnings data Q1 2021

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Crocs reports record sales and margins, eyes international growth

Crocs delivered a stellar performance in 2022 with record sales and strong margins, driven by international growth and digital sales
Challenges include margin pressures, higher expenses, and inventory management issues, particularly for HEYDUDE brand
Opportunities lie in product category growth, international expansion, and increased marketing investments for both brands
Overall, Crocs and HEYDUDE are positioned for growth in 2023, supported by strategic initiatives and market positioning

Crocs reports robust Q1 earnings, eyes China growth opportunities

Crocs delivered impressive Q1 results with strong revenue growth and margin performance. Both Crocs and HEYDUDE brands are expected to see continued growth in the second quarter. Despite challenges, the company remains optimistic about future opportunities, particularly in China and product innovation.

Crocs reports record revenues, eyes China expansion amid growth challenges

Crocs delivered strong financial performance with record revenues and raised full-year outlook, driven by brand growth and operational efficiency.
HEYDUDE brand faced challenges but remains focused on innovation and addressing margin pressures to sustain long-term growth.
Strategic investments in China, debt reduction, and product diversification position Crocs for continued success and market expansion.

Crocs exceeds $1B in Q3 revenues, eyes growth in China

Crocs delivered strong Q3 results with a focus on brand growth and sustainability. Challenges persist with HEYDUDE brand, but opportunities lie in revenue growth strategies and market expansion. Confidence in long-term brand acceleration.

Crocs achieves record revenues in 2023, eyes international growth

Crocs delivered exceptional financial results in 2023, with strong revenue growth and margin expansion. The brand's strategic focus on international markets, product pillars, and operational efficiency bodes well for future success despite existing challenges.

Crocs reports robust Q1 earnings, eyes international growth for HEYDUDE

Crocs reported strong Q1 results driven by brand success in the U.S. and international markets. While HEYDUDE faced revenue challenges, the company is investing in brand initiatives and expects improved sales trends. Opportunities lie in international expansion and enhancing HEYDUDE's brand relevance through innovation and marketing.

Crocs achieves record revenue in Q2 2024, eyes global expansion

Crocs delivered exceptional financial performance in Q2 2024, with record revenue and improved margins. While facing challenges in the HEYDUDE brand, the company's strategic investments and strong market performance position it for continued growth. Opportunities for expansion and brand enhancement exist, supported by robust capital allocation plans.

Crocs surpasses Q3 expectations, eyes international growth and brand stability

Crocs delivered strong Q3 results, surpassing guidance with revenue and EPS growth, driven by the robust performance of the Crocs brand globally.
While facing challenges with the HEYDUDE brand, strategic actions are being taken to ensure brand health and profitability.
Looking ahead, Crocs aims for continued international expansion, brand stabilization for HEYDUDE, and investments in key growth areas for long-term success.

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Crocs, Inc. engages in the design, development, manufacturing, worldwide marketing, sale, and distribution of casual footwear and accessories for men, women, and children. It operates through the following segments: North America, Asia Pacific, Europe, Middle East, Africa, and Latin America (EMEALA), and HEYDUDE Brand. The company was founded by Scott Seamans, George B. Boedecker, Jr., and Lyndon V. Hanson III in 2002 and is headquartered in Broomfield, CO.

e.l.f. Beauty

PagSeguro Digital

3 Growth Stocks Down 40% to Buy Right Now

Crocs stock dipped ~19% despite better-than-expected results due to lower HEYDUDE performance expectations and EBIT margin pressure for 2025. Management's focus on brand building over performance marketing for HEYDUDE will likely lead to higher SG&A expenses and slower revenue growth in the near term. Historical guidance cuts for HEYDUDE raise concerns about market perception of future guidance, potentially limiting investor excitement.

Crocs: Near-Term Pressures May Keep The Stock In Check

Crocs' growth drivers include international expansion, sandals, and robust gross margins, despite a slowdown in revenue and HeyDude's underperformance. Q3 results exceeded guidance, but stock dropped due to slower revenue growth and HeyDude's continued weakness, despite strong EPS growth. CROX's international segment, especially in China, shows significant long-term potential with new store openings and strong brand positioning.

Crocs: Patience Is Required To Be A Successful Investment

CROX's Q3 results reflect continued strength. Expectations for HEYDUDE and a subdued consumer environment in the United States and China hurt its guidance.

Crocs Stock Drops 2% in a Week on Bleak Outlook: Buy the Dip or Avoid?

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Why Crocs (CROX) is a Top Value Stock for the Long-Term

Crocs has been oversold at current levels, as the market over-reacts to the softer FQ4'24 guidance and the stock tanking by -21% over two days. If anything, HEYDUDE has shown sequential sales growth since FQ1'24, with FY2025 likely to bring forth an easier YoY comparison. We also believe that the domestic demand headwinds may be well balanced by the double digit growths observed in the international region, with the pain likely to be temporal.

Crocs: Oversold Status Triggers Compelling Value Buy - Heydude Headwinds Have Bottomed

The stock got slammed after management lowered its guidance.

Crocs Stock Slips on Revenue Warning. Should Investors Buy the Dip?

I maintain my “buy” rating for Crocs stock, while reducing my price target to $132, as the management reduced its FY24 revenue guidance, despite outperforming in its Q3 earnings report. The downward revision in FY24 revenue guidance is primarily driven by its HEYDUDE segment, which is taking longer than expected to demonstrate a material revival. However, underlying fundamentals of HEYDUDE are improving, with expanding gross margins and ASP's. Plus, easier comps in FY25 should act as a tailwind too.

Crocs Q3 Review: At Least 20% Upside With Favorable Comps In The Rearview

Crocs stock is undervalued despite strong brand growth, presenting a potential buying opportunity. HEYDUDE's struggles impact results, yet CROX's core brand momentum remains solid. Crocs' cash flow and buybacks support long-term shareholder value despite market concerns.

Crocs: Market Overreaction Creates A Buying Opportunity

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Crocs' stock dropped nearly 20% after 3Q24 results, driven by declining operating margins and a delayed Hey Dude turnaround, despite international growth. CROX trades at a low P/E of 9x FY24 earnings because of concerns about margin sustainability and profitability. The Company's explosive post-pandemic growth now faces fashion risk, and Hey Dude's underperformance adds uncertainty to future revenue and margin stability.

Crocs Q3: The Main Business Seems To Be Fine, Speculative Opportunity

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Crocs, Inc. CROX reported third-quarter financial results and lowered its revenue guidance related to the HEYDUDE Brand on Tuesday.

Crocs Analysts Slash Their Forecasts After Q3 Results

Crocs' shares dropped nearly 20% post-Q3 earnings despite beating estimates, presenting a buying opportunity at a single-digit P/E ratio. The HEYDUDE subsidiary's struggles are significant but represent only 20% of Crocs' business, with the core brand maintaining strong performance. The company pulled down its revenue guidance for FY24 due to HEYDUDE's slow sales, but actually boosted its full-year EPS expectations.

Crocs: Buy This Dip With Confidence

Shares of Crocs plunged 19% due to HEYDUDE's ongoing struggles, but I see this as a buying opportunity given Crocs' overall investment case. Despite HEYDUDE's disappointing performance, Crocs' profitability remains robust, with expanding gross margins and record adjusted EPS expected for the year. Crocs' healthy free cash flow profile and balanced capital allocation plan, including debt repayment and share buybacks, improve the stock's appeal.

Crocs' Q3: Smart Capital Allocation & Cheap Valuation Outweigh HEYDUDE Headwinds - Buy The Dip

The heavy selling pressure might have exhausted for Crocs (CROX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Crocs (CROX) Loses -21.22% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

CROX reports sturdy results in third-quarter 2024. DTC revenues increase 4.4%, while wholesale revenues dip 1.4%.

Crocs' Q3 Earnings Beat, HEYDUDE Brand's Revenues Fall 17.4% Y/Y

The Crocs brand is growing, but Heydude is a drag on results.

Crocs Stock Dropped 19%: Here's What You Need to Know

“It has not gone as we would have hoped and expected,” Crocs CEO Andrew Rees said.

Crocs shares tumble 18% as company flags troubles at HeyDude loafer brand

Shares of Crocs, Inc. (CROX) fell more than 18% Tuesday after the company's third-quarter earnings beat was overshadowed by sales weakness from its smaller Heydude brand.

Crocs Stock Tumbles as Heydude Sales Weakness Persists

Crocs made a big acquisition nearly three years ago, and it's still not paying off as investors had hoped.

Why Crocs Stock Dropped Like a Rock Today

Crocs, Inc. (NASDAQ:CROX ) Q3 2024 Earnings Call October 29, 2024 8:30 AM ET Company Participants Erinn Murphy - Senior Vice President, Investor Relations and Corporate Strategy Andrew Rees - Chief Executive Officer Susan Healy - Chief Financial Officer Conference Call Participants Jonathan Komp - Baird Jim Duffy - Stifel Adrienne Yih - Barclays Chris Nardone - Bank of America Bob Drbul - Guggenheim Securities Rick Patel - Raymond James Sam Poser - Williams Trading Jay Sole - UBS Anna Andreeva - Piper Sandler Operator Good day and welcome to the Crocs Third Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Crocs, Inc. (CROX) Q3 2024 Earnings Call Transcript

Crocs, Inc. (NASDAQ:CROX) shares plunged more than 17% after the footwear brand lowered its full year sales guidance. The company now expects revenue growth of 3% over 2023, at the lower end of its earlier guidance range of 3% to 5%.

News for Crocs Stock (CROX)