CROX - Is This 1 Thing the Biggest Risk for Crocs Stock?
2024-02-23 07:30:00 ET
Crocs (NASDAQ: CROX) recently reported revenue and earnings that came in better than analysts' expectations. This partly helps explain why shares are up 23% so far in 2024, outperforming the 4% rise of the S&P 500 .
If we zoom out, this shoe stock's performance is remarkable. Crocs' shares have soared 309% and 629%, respectively, in the last five and 10 years despite still being down 36% from their peak price.
Investors might be ready to immediately add the company to their portfolios. But before doing so, it's best to understand what Crocs' biggest risk might be.
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Is This 1 Thing the Biggest Risk for Crocs Stock?