On May 14, a recent SEC filing unveiled that THOMAS SMACH, Board Member at Crocs (NASDAQ:CROX) made an insider sell.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that SMACH sold 10,174 shares of Crocs. The total transaction amounted to $1,427,577.
The latest market snapshot at Wednesday morning reveals Crocs shares up by 1.58%, trading at $147.61.
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's Financial Performance
Revenue Growth: Crocs's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 6.16%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Exploring Profitability:
Gross Margin: The company excels with a remarkable gross margin ...