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Symbol CROX
Name Crocs, Inc.
Currency USD
Sector Consumer Discretionary
IndustryGroup Consumer Durables & Apparel
Industry Textiles, Apparel & Luxury Goods
Market NASDAQ Global Select
Country United States
State CO
City Broomfield
Zipcode 80020
Website http://www.crocs.com
Wall Street anticipates a surge in mergers and acquisitions under a potential second Trump administration, driven by a more favorable regulatory environment and recent interest rate cuts. Analysts predict a 20% increase in M&A volume in 2025, particularly in technology, healthcare, and consumer staples sectors, as mid-cap companies become attractive targets for acquirers seeking growth and value.
Crocs, Inc. specializes in the design and sale of casual footwear and accessories for all ages, featuring its signature Crocs brand and the HEYDUDE brand. The company utilizes Croslite material for comfort and sells products in over 80 countries through wholesale and direct sales channels, including retail stores and e-commerce platforms.
Crocs Inc. saw its shares plummet by 16% in premarket trading after the company lowered its sales outlook, anticipating only 3% growth in 2024, down from a previous estimate of 3% to 5%. The HeyDude brand is particularly struggling, with expected sales declines of 14.5% for the year, worse than earlier forecasts of a 8% to 10% drop.
Metro Brands faces a downward revision in FY25/26/27 EPS estimates by 3.1% to 5.1% due to weak demand, margin pressures from discounting, and reduced revenue guidance. Despite these challenges, the company is expanding geographically and enhancing its online sales, with a long-term growth strategy in place. Valuations at 62.7x FY27 suggest limited near-term upside, prompting a "Hold" recommendation amid current market volatility.

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