Crocs Faces Decline in Stock Price Due to Weak Heydude Sales Forecast

Reported 28 days ago

Shares of Crocs, Inc. (CROX) are falling as the company revises its 2024 sales outlook to the lower end of expectations, primarily due to disappointing performance from its Heydude brand. This news has overshadowed Crocs' better-than-expected third quarter earnings, according to reports by Market Domination hosts Julie Hyman and Josh Lipton.

Source: YAHOO

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