CROX - Crocs EVP Sold $431K In Company Stock | Benzinga
SHANNON SISLER, EVP at Crocs (NASDAQ:CROX), executed a substantial insider sell on May 29, according to an SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, SISLER sold 2,854 shares of Crocs. The total transaction value is $431,402.
Tracking the Wednesday's morning session, Crocs shares are trading at $152.5, showing a down of 1.55%.
Discovering Crocs: A Closer Look
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include the Americas, Asia Pacific, and EMEA.
Unraveling the Financial Story of Crocs
Revenue Growth: Crocs displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 6.16%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Evaluating Earnings Performance:
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Gross Margin: Achieving a high gross margin of 55.62%, the company performs ...