Almost 3 Years Ago
1 Min Read

CROX down -12%. A look at what's happening:



Shares of Crocs Inc (CROX) are trading -12% lower at a price of $68.2 at the time of this writing.

  • Crocs strong 2Q revenue
  • Weak guidance
  • 2Q revenue: +50.5% year-over-year to $964.6M
  • Above analyst estimate of $937.44M 
  • 2Q earnings: $3.24 per share, above $2.66 per share estimate 

Crocs Inc has been trading between a 52-week high of $183.88 and a 52-week low of $46.08. The stock has a market cap of $4.2 Billion.

Crocs, Inc. is a world leader in innovative casual footwear for women, men, and children, combining comfort and style with a value that consumers know and love. The vast majority of shoes within Crocs' collection contain Croslite™ material, a proprietary, molded footwear technology, delivering extraordinary comfort with each step.

Headlines


Why Crocs Stock Is Sliding Today
Benzinga 08-04-22

Crox stock dips after earnings as company cuts forecast
MarketWatch 08-04-22

ROUNDUP: Crocs Inc. Q2 Profit Down, But Beats Estimates; Guides Full-year Profit Below View
Finanz Nachrichten 08-04-22

Crocs shares tumble after cut to full-year forecast
Seeking Alpha 08-04-22

Crocs Inc. Q2 Profit Decreases, but beats estimates
Finanz Nachrichten 08-04-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Bryciee - 13 upvotes - source
crox beat earnings estimates by 50% and is down premarket 😢 wtf mane

lotus_bubo - 8 upvotes - source
You leave Crox out of this!

Adventurous-Date-397 - 8 upvotes - source
I was driving through the hood and saw a group of guys wearing red crocs. Crocs are gangster now. To say this had an impact on me would be an understatement. I’m opening a significant position in $CROX tomorrow.

BoomBoomMansena - 8 upvotes - source
I bought CROX and LCID calls LMAO

valiant_thor77 - 7 upvotes - source
Only true degenerates bought OTM calls on Crox

Lettiin - 7 upvotes - source
My crox calls r fuk

BoomBoomMansena - 7 upvotes - source
Basing my investments off of cool animal emojis - All in on DDOG 🐕 and CROX 🐊 calls

BoomBoomMansena - 6 upvotes - source
God damnit CROX limp dicked their forward guidance there goes my "fun" account again lol

ABB15 - 6 upvotes - source
Earnings play? LCID, hood, baba or crox?

BoomBoomMansena - 4 upvotes - source
CROX 🐊