Disclosed in the latest SEC filing, a significant insider purchase on March 14, involves JOHN REPLOGLE, Board Member at Crocs (NASDAQ:CROX).
What Happened: REPLOGLE's recent purchase of 1,972 shares of Crocs, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, reflects confidence in the company's potential. The total transaction value is $249,949.
Crocs shares are trading up 1.71% at $128.15 at the time of this writing on Friday morning.
Get to Know Crocs Better
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.
Crocs: A Financial Overview
Revenue Growth: Crocs displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 1.58%. 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.
Key Profitability Indicators:
Gross Margin: The company excels with a remarkable gross margin of ...