Summary
C7N Chart
Can Product Refresh Revive Revenue Trends for Crocs' HEYDUDE Brand?
CROX's HEYDUDE faces steep revenue pressure, but refreshed franchises, innovation, and cleaner inventory show early signs of stabilization.
The Zacks Analyst Blog Crocs, On Holding, Ralph Lauren, Kontoor and Boot Barn
As muted holiday sales loom, Crocs stands out among five apparel and shoe picks highlighted for strong growth drivers this Black Friday.
Are Investors Undervaluing Crocs (CROX) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Crocs, Inc. Profile
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Andrew Rees CEO | XSTU Exchange | US2270461096 ISIN |
| US Country | 7,910 Employees | - Last Dividend | 15 Jun 2007 Last Split | - IPO Date |
Overview
Crocs, Inc., founded in 1999 and based in Broomfield, Colorado, is a leading company in the design, development, manufacture, marketing, and distribution of casual lifestyle footwear and accessories for men, women, and children. Boasting a global presence, the company markets its products in approximately 85 countries through a combination of wholesalers, retail stores, e-commerce platforms, and third-party marketplaces. By the end of 2021, Crocs had expanded its retail footprint to include 193 outlet stores, 107 conventional retail stores, 373 company-operated stores, along with 73 kiosks and store-in-stores, in addition to managing 14 company-operated e-commerce sites. Crocs, Inc. operates across diverse geographical regions, including the Americas, Asia Pacific, Europe, the Middle East, and Africa, catering to a global consumer base with its innovative and comfortable footwear products.
Products and Services
- Clogs: Crocs is renowned for its iconic clogs, offering a wide range of colors, styles, and designs that cater to comfort and lifestyle needs of all age groups.
- Sandals, Slides, and Flip-Flops: The company provides a variety of open footwear options suitable for casual wear, beach outings, or comfortable home wear, designed for ease of use and relaxation.
- Boots: Crocs also manufactures boots for different weather conditions and purposes, including rain boots and winter boots, focusing on the combination of comfort and protection against elements.
- Flats, Wedges, and Platforms: For those seeking stylish yet comfortable options for formal or semi-formal occasions, Crocs offers flats, wedges, and platforms that blend fashion with the signature Crocs comfort.
- Socks: Complementing their footwear, Crocs offers a range of socks designed for comfort and style, perfect for wearing with their various shoe types.
- Shoe Charms: To personalize footwear, Crocs provides an extensive collection of shoe charms, allowing customers to customize their clogs and other footwear models with a wide array of fun and vibrant designs.
- Loafers: Crocs offers a selection of loafers, combining ease of wear with a more formal look, adhering to their brand promise of comfort and style.
- Sneakers: Addressing the needs of a more active consumer, the company has developed a line of sneakers that merges their comfort technology with the requirements of more dynamic activities.
- Slippers: For home use, Crocs’ slippers offer a cozy and comfortable option, maintaining the brand's focus on providing products that combine comfort with functionality and style.
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