Added to YB: 2025-08-12
Pitch date: 2025-08-08
CROX [bullish]
Crocs, Inc.
+10.55%
current return
Author Info
Company Info
Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.
Market Cap
$4.6B
Pitch Price
$75.44
Price Target
150.00 (+80%)
Dividend
N/A
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
A second chance at the one that got away: Crocs Inc $CROX
CROX: Overlooked post-29% selloff despite 4.5x P/E vs peer 15x. Pajamafication trend + Jibbitz customization = durable demand. Int'l growth +16% YoY (52% of rev), China +30%. DTC is 50% of sales, 60% GM. Weak US guidance (-9% Q3) offset by global expansion. PT $150 in 2yrs, potential $250 with rerating + 20% buyback.
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