CROX - Crocs Q4 Estimates Show The Company Still Has Legs
2024-02-06 21:26:29 ET
Summary
- Crocs continues to make strong sales and use its high-margin business model to ensure profitability.
- The company plans to fuel growth through digital sales and expanding in the international market.
- Crocs faces competition from larger shoemakers and risks related to logistics and brand value.
Having just seen their CEO retire , Crocs, Inc. (NASDAQ: CROX) is built around their namesake, the Croslite resin-based casual footwear. The company acknowledges the risk for older shoemakers to fall out of fashion and start struggling, but recent analysts' estimates show that they are continuing to make strong sales, and should continue to use their high margin business model to ensure high profitability....
Crocs Q4 Estimates Show The Company Still Has Legs