Crocs Stock Tumbles as Heydude Sales Weakness Persists

Key TakeawaysCrocs shares plunged Tuesday as sales of its smaller Heydude brand remain a drag on earnings.The footwear maker's earnings posted Tuesday beat estimates for the third quarter, but the company also lowered projections for the full year.Sales of the Heydude brand for the full year are seen dropping 14.5% year-over-year, a much larger decline than Crocs' previously forecast 8% to 10% fall. Shares of Crocs, Inc. (CROX) fell more than 18% Tuesday after the company's third-quarter earnings beat was o ...