Is Crocs a Buy Now?
There was a lot of good news in ' (NASDAQ: CROX) third-quarter earnings release. There was also a significant amount of bad news. The breakdown between good and bad was roughly 75% to 25%, which is to say the Crocs brand versus its Heydude brand.
The future could be brighter, though, if the tough love that's being given to Heydude pays off. Here's why Crocs could be a buy for more aggressive investors.
Sales of Crocs branded footwear rose 11% year over year in the third quarter. North America was the weak spot, with sales growth of "only" 8%. Asia grew an impressive 29%, with sales in China up 90% year over year.
Source Fool.com
Crocs Inc. Aktie
116,50 €
4,48 %
Die Community zeigt leichtes Interesse an Crocs Inc. mit mehr Buy- als Sell-Einschätzungen.
Für Crocs Inc. sieht die Community ein leicht positives Kursziel von 131 €, verglichen mit dem aktuellen Kurs von 116.5 €.
