Crocs Remains A Growth Driver - HeyDude's New Management Looks Promising

We previously covered Crocs, Inc. (NASDAQ:NASDAQ:CROX) in March 2024, discussing why we had upgraded the stock to a Buy as the CROX management offered a promising guidance for HeyDude sales recovery in H2'24, with the robust cash flow also well deployed towards deleveraging and share count retirement. Combined with the growing demand for its products internationally, well balancing the decelerating growth domestically, we believed that it had offered a compelling growth investment thesis then. Since then, t ...