Crocs, headquartered in Broomfield, Colorado, designs and sells casual footwear through its Crocs and HEYDUDE brands, employing 7,030 people and operating in over 80 countries. The company went public on February 8, 2006, and uses Croslite technology for comfort.
CROX has been in the news recently: Crocs, Inc. reported an adjusted earnings per share of $4.23 and sales of $1.14 billion in the second quarter, which exceeded earnings estimates but met sales expectations. However, the company plans to reduce orders due to a challenging consumer environment, anticipating a revenue decline of 9% to 11% and reporting a $492.3 million loss for the quarter.
📡️ Consumer Discretionary
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