Crocs Shares Soar on Strong Outlook. Is It Too Late to Buy the Stock?
Crocs (NASDAQ: CROX) shares soared following the casual footwear company's Q4 earnings report, as its namesake brand saw solid sales while there were signs of a turnaround at its struggling HeyDude brand. Nonetheless, the stock is still down slightly over the past year.Let's take a closer look at Crocs' Q4 results and outlook to see whether or not it's too late to buy the stock.The performance between Crocs' namesake brand and HeyDude, which it acquired in 2022, have diverged over the past couple of years, with the Crocs brand seeing solid growth while HeyDude has struggled. Continue reading
Crocs (NASDAQ: CROX) shares soared following the casual footwear company's Q4 earnings report, as its namesake brand saw solid sales while there were signs of a turnaround at its struggling HeyDude brand. Nonetheless, the stock is still down slightly over the past year.
Let's take a closer look at Crocs' Q4 results and outlook to see whether or not it's too late to buy the stock.
The performance between Crocs' namesake brand and HeyDude, which it acquired in 2022, have diverged over the past couple of years, with the Crocs brand seeing solid growth while HeyDude has struggled.
