Crocs' Q3 Earnings Beat, HEYDUDE Brand's Revenues Fall 17.4% Y/Y
CROX reports sturdy results in third-quarter 2024. DTC revenues increase 4.4%, while wholesale revenues dip 1.4%.
Crocs Stock Dropped 19%: Here's What You Need to Know
The Crocs brand is growing, but Heydude is a drag on results.
Crocs shares tumble 18% as company flags troubles at HeyDude loafer brand
“It has not gone as we would have hoped and expected,” Crocs CEO Andrew Rees said.
Crocs Stock Tumbles as Heydude Sales Weakness Persists
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.
Why Crocs Stock Dropped Like a Rock Today
Crocs made a big acquisition nearly three years ago, and it's still not paying off as investors had hoped.
Crocs, Inc. (CROX) Q3 2024 Earnings Call Transcript
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 trims full year profit outlook amid HEYDUDE challenges, shares slump
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%.
2 Consumer Stocks To Watch Ahead Of November 2024
Consumer stocks to check out in the stock market now.
Crocs' stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand
Crocs Inc.'s stock tumbled 16% Tuesday after the casual-footwear company's better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it would take longer to recover than previously expected.
Crocs (CROX) Q3 Earnings and Revenues Surpass Estimates
Crocs (CROX) came out with quarterly earnings of $3.60 per share, beating the Zacks Consensus Estimate of $3.13 per share. This compares to earnings of $3.25 per share a year ago.
3 Prominent Stocks to Buy as Q3 Earnings Approach: CROX, GOOGL, RCL
Set to release their Q3 reports on Tuesday, October 29, Alphabet (GOOGL), Crocs (CROX), and Royal Caribbean (RCL) are three prominent companies to watch as their stocks sport a Zacks Rank #2 (Buy).
Crocs Gears Up for Q3 Earnings: Here's What You Should Know
CROX's third-quarter 2024 top-line results are likely to reflect gains from solid consumer demand and strength in clogs, sandals and personalization.
