Crocs, Inc. CROX has demonstrated strong upward momentum, trading above its 50- and 100-day simple moving averages (SMAs).
In recent years Crocs have become a Gen Z fashion staple, in spite of both aesthetic and environmental concerns about the ...
The company is marketing HEYDUDE more aggressively via TikTok and celebrity endorsements. These moves are helping the company ...
Crocs has significantly outperformed the S&P 500 since 2014, with shares soaring 769.6% due to rapid growth in both revenue ...
The newly filed securities class action, filed by Bielli & Klauder, Glancy Prongay & Murray and Howard G. Smith, claims ...
Crocs is a casual lifestyle footwear brand. In February 2022, the Company completed its acquisition of HEYDUDE, a footwear brand focusing on casual, comfortable, and lightweight footwear. As alleged, ...
Then, on August 16, 2023, Williams Trading LLC significantly decreased its price target on Crocs, citing elevated HEYDUDE inventory levels. On this news, Crocs' stock price fell $3.79, or 3.9%, to ...
But, the complaint alleges, Crocs misled investors by concealing the fact that the strong revenue growth exhibited by its HEYDUDE segment following its acquisition was largely driven by a ...
Investors began to learn the truth on Apr. 27, 2023, when Rees revealed during Crocs' Q1 2023 earnings call that much of HEYDUDE's revenue growth during 2022 was attributable to efforts to stock ...