I realized I was wearing Crocs while reading this. )) I think you are on point. Crocs brand, supporting the whole business until the recent acquisition and operational issues are resolved. And the company is trading around 6.5 PE, basically negative growth expectation from the market.
My kids refuse to wear anything except crocs summertime. I looked at crox as a company 2 years ago and totaly agree with Andrew's analysis
I realized I was wearing Crocs while reading this. )) I think you are on point. Crocs brand, supporting the whole business until the recent acquisition and operational issues are resolved. And the company is trading around 6.5 PE, basically negative growth expectation from the market.
Nice write up. Stock has pulled back pretty hard and seems like good opportunity here. We’ll see.
Great post! I’ve been preparing a deep dive into the Crocs turnaround story, so this is great to read. I look forward to reading more of your work.
Thanks! Looking forward to your deep dive!
Crocs is interesting. That Crocodie will help you make a killing in the market