Crocs, Inc. (C7N)
Summary
C7N Chart
Crocs (CROX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
The latest trading day saw Crocs (CROX) settling at $123.23, representing a -1.23% change from its previous close.
Crocs Stock Steps Up After Barclays Upgrade
Crocs Inc (NASDAQ:CROX) stock is up 5.1% to trade at $123.49 at last check, after Barclays upgraded the footwear name to "overweight" from "equal weight" and raised its price target to $133 from $113.
Crocs' Brand Strength and Product Innovation to Bolster Growth
CROX is banking on product innovation, digital expansion and cost controls to drive growth and protect margins amid rising costs and competition in the footwear market.
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Crocs, Inc. Profile
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Andrew Rees CEO | XETRA Exchange | US2270461096 ISIN |
| US Country | 8,010 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.
Contact Information
