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These 2 Magnificent Growth Stocks Are Set to Soar This Summer and Beyond
The Motley Fool· 2024-08-04 14:45
If you're investing cash this summer, there are so many compelling options to choose from now. Summer is here, and wherever you're spending this season, you might want to grow your portfolio as you go. The best way to build a portfolio that stands the test of time is to steadily invest your cash through methods like dollar-cost averaging, where you regularly invest a set amount of money into multiple stocks and/or asset classes. If you have cash at the ready that you can leave in stocks for at least three t ...
Crocs Is an Incredible Buy After Earnings
The Motley Fool· 2024-08-03 13:00
Crocs is growing, and it's trading for a good value, especially if the Hey Dude brand picks up again. Crocs (CROX -5.73%) reported better-than-expected earnings this week, but the stock didn't react positively. That's a great opportunity for investors who can expect more growth from Crocs and may see a turnaround at Hey Dude later this year. Travis Hoium digs into the numbers in this video. *Stock prices used were end-of-day prices of Aug. 1, 2024. The video was published on Aug. 2, 2024. ...
CROX Stock Is Falling Despite a Strong Q2. What's Causing the Footwear Fumbles?
Investor Place· 2024-08-01 19:35
Crocs (NASDAQ:CROX) stock is trading about 2% lower after the footwear company reported its secondquarter earnings. Crocs' revenue grew by 3.6% to $1.11 billion, beating the analyst estimate for $1.1 billion. International revenue for Crocs remains strong, growing by 18.7% to $425 million. However, HEYDUDE has continued to struggle, with revenue falling by 17.5% to $198 million. Crocs acquired HEYDUDE in December 2021 for $2.5 billion. "Strength in the quarter was led by our Crocs Brand with exceptional gro ...
Crocs (CROX) Q2 Earnings Beat, DTC Revenues Rise 8.9% Y/Y
ZACKS· 2024-08-01 18:42
Crocs, Inc. (CROX) posted solid results for second-quarter 2024, wherein the bottom and top lines surpassed the Zacks Consensus Estimate and grew year over year. Results gained from strength in the Crocs brand and outstanding international growth. With respect to the HEYDUDE brand, management has been making improvements to aid sustainable growth. As a result, Crocs raised its operating margin and earnings per share view for the current year while reiterating the revenue guidance. We note that shares of thi ...
Crocs Stock Loses Its Footing
Investopedia· 2024-08-01 18:31
Key Takeaways Crocs raised its full-year guidance but issued a third-quarter earnings projection below analysts' expectations. The footwear company posted record revenue and earnings in the second quarter. Part of the problem: A weak sales outlook for its Heydude brand, where it expects to pick up its marketing work in the second half. Crocs (CROX) delivered record revenue and earnings with its second-quarter results, but an underwhelming profit projection put a damper on the footwear company's momentum. Th ...
Crocs(CROX) - 2024 Q2 - Earnings Call Transcript
2024-08-01 15:05
Crocs, Inc. (NASDAQ:CROX) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Erinn Murphy - Senior Vice President of Investor Relations and Corporate Strategy Andrew Rees - Chief Executive Officer Susan Healy - Chief Financial Officer Conference Call Participants Jonathan Komp - Robert W. Baird Adrienne Yih - Barclays Jim Duffy - Stifel Nicolaus Rick Patel - Raymond James Chris Nardone - Bank of America Tom Nikic - Wedbush Sam Poser - Williams Trading Laura Champine - Loop Capit ...
Crocs(CROX) - 2024 Q2 - Quarterly Report
2024-08-01 15:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 000-51754 _________________________________________________________ ...
Crocs shares sink on guidance miss despite ‘encouraging' Q2 report
Proactiveinvestors NA· 2024-08-01 14:44
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Crocs (CROX) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-01 13:20
Crocs (CROX) came out with quarterly earnings of $4.01 per share, beating the Zacks Consensus Estimate of $3.59 per share. This compares to earnings of $3.59 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.70%. A quarter ago, it was expected that this footwear company would post earnings of $2.25 per share when it actually produced earnings of $3.02, delivering a surprise of 34.22%. Over the last four quarters, the company ...
Crocs(CROX) - 2024 Q2 - Quarterly Results
2024-08-01 11:02
Exhibit 99.1 Investor Contact: Erinn Murphy, Crocs, Inc. (303) 848-7005 emurphy@crocs.com PR Contact: Melissa Layton, Crocs, Inc. (303) 848-7885 mlayton@crocs.com Crocs, Inc. Reports Record Second Quarter Revenues and Raises Full Year 2024 Earnings Per Share Outlook • Second Quarter Revenues Increased 4% Over Last Year To $1,112 Million • Second Quarter Diluted EPS Up 11% to $3.77 and Adjusted Diluted EPS Up 12% to $4.01 ___________________________________________________________________________ BROOMFIELD, ...