Should you buy Crocs stock? (August 2023)
- 8 months ago
Crocs stock analysis. Ticker: CROX.
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Crocs, Inc. is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear and accessories for women, men, and children. Its products are sold in more than 85 countries through wholesale and direct-to-consumer channels.
Crocs acquired 100% equity of HEYDUDE in February 2022 which was engaged in the business of distributing and selling casual footwear under the brand name “HEYDUDE.” After this strategic acquisition, Crocs legacy, and HEYDUDE have been the two operating segments contributing:
• Crocs Brand $2.86 billion (74% of LTM revenue)
• HEYDUDE Brand $1.02 billion (26% of LTM revenue)
Crocs Brand is further divided into three reportable segments, below is the contribution of each segment in Crocs Brand’s last twelve-month revenue.
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Join 9000+ investors: https://www.overlookedalpha.com
Crocs, Inc. is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear and accessories for women, men, and children. Its products are sold in more than 85 countries through wholesale and direct-to-consumer channels.
Crocs acquired 100% equity of HEYDUDE in February 2022 which was engaged in the business of distributing and selling casual footwear under the brand name “HEYDUDE.” After this strategic acquisition, Crocs legacy, and HEYDUDE have been the two operating segments contributing:
• Crocs Brand $2.86 billion (74% of LTM revenue)
• HEYDUDE Brand $1.02 billion (26% of LTM revenue)
Crocs Brand is further divided into three reportable segments, below is the contribution of each segment in Crocs Brand’s last twelve-month revenue.
#stocks #investing #croxstock #overlookedalpha