Crocs Inc Stock Price, News & Analysis

Crocs, Inc. (NASDAQ: CROX) reported strong Q1 2025 financial results with both Crocs and HEYDUDE brands outperforming expectations. Consolidated revenues remained flat at $937 million (+1.4% constant currency). The Crocs brand saw revenues increase 2.4% to $762 million, while HEYDUDE revenues decreased 9.8% to $176 million. The company achieved improved gross margins of 57.8% (+180 bps) and diluted EPS of $2.83 (+13.2%). During Q1, Crocs repurchased 0.6 million shares for $61 million and borrowed $130 million. Due to macroeconomic uncertainties and global trade concerns, Crocs has withdrawn its full-year 2025 guidance. Despite challenges, management remains confident in their ability to gain market share and leverage competitive advantages.

HEYDUDE and Jelly Roll have announced the restock of their previously sold-out shoe collaboration, coinciding with Jelly Roll's headlining performance at Stagecoach. The Jelly Roll x HEYDUDE Suede Debossed Shoe will be available again starting April 29th, with waitlist signups opening on April 18th.

Additionally, HEYDUDE is launching a new customization program called HEYDUDE Blanks, allowing consumers to personalize their footwear with various options including patches and paint. The collaboration features design elements reflecting Jelly Roll's life, including family and faith themes.

Crocs, Inc. (NASDAQ: CROX) has scheduled a conference call for Thursday, May 8, 2025, at 8:30 am ET to discuss its first quarter 2025 financial results for the period ended March 31, 2025.

Interested participants can access the conference call details by registering through the Investor Relations section at investors.crocs.com. The company will provide a live webcast of the event, which will remain available for replay through May 8, 2026 on the same platform.

HEYDUDE has launched the new HEY2O collection, a water-ready shoe line developed in partnership with Heisman Trophy Winner Travis Hunter. The collection features innovative design elements including enhanced traction for wet surfaces, drainage systems throughout the insole and outsole, and perforations for breathability.

The shoes come with a no-tie lace system for convenient wear and are available for men, women, and children. Pricing starts at $69.99 for adult sizes and $49.99 for children's sizes. The collection is available through HEYDUDE.com and retail partners including DICK's Sporting Goods, Academy, and DSW.

Crocs (CROX) has announced a -edition collaboration with HARIBO, launching the HARIBO Classic Clog on March 11, 2025. The collection features gummi-inspired footwear designed after HARIBO's iconic Goldbears, combining the comfort of Crocs' Classic Clog with playful candy-themed elements.

The clogs include distinctive features such as a translucent gummi-inspired design, embossed Goldbears details on the sole, and HARIBO-branded heel straps. Adult versions can be customized with exclusive Goldbears Jibbitz™ charms available in two styles: oversized Goldbears and Goldbears package charms. Kid-size versions come with permanent Goldbears Jibbitz™.

The collection will be available through crocs.com, select retailers, and wholesale partners while supplies last.

HEYDUDE has launched its new 'Fashion Crisis Hotline' campaign featuring global brand ambassador Sydney Sweeney, focusing on the Austin Lift slip-on mule as their solution for style emergencies. The campaign challenges the traditional trade-off between fashion and comfort.

The initiative includes short comedic bits with Sweeney as 'Director of Dude,' promoting the Austin Lift as a trend-first industry disruptor in the growing laceless shoes market. The campaign targets a new female consumer audience and redefines the brand's identity.

The multi-pronged campaign will be activated across digital platforms, social media, and streaming services. HEYDUDE kicked off with a pop-up event at Grand Central Station in New York City, featuring a life-size Austin Lift display and an interactive phone installation where visitors could leave fashion advice voicemails.

Crocs Inc. (CROX) reported record financial results for 2024, with annual revenues reaching $4.1 billion, a 4% increase from 2023. The company achieved a 24% increase in diluted EPS to $15.88 and adjusted diluted EPS growth of 9% to $13.17.

Key highlights include exceptional operating cash flow of $990 million, enabling $550 million in share repurchases and $320 million in debt reduction. The Crocs Brand grew 8.8% to $3.28 billion, while HEYDUDE Brand revenues decreased 13.2% to $824 million.

For 2025, Crocs expects revenue growth of 2-2.5%, with the Crocs Brand projected to grow 4.5% while HEYDUDE Brand is expected to decline 7-9%. The company announced a $1 billion increase to its share repurchase authorization, bringing the total available to approximately $1.3 billion.

HEYDUDE, a Crocs (NASDAQ: CROX) brand, announces the launch of its new global campaign 'Unlike Anything' featuring Heisman Trophy winner Travis Hunter. The campaign marks Hunter's role as HEYDUDE's first-ever NFL prospect partner, showcasing the brand's casual footwear that combines individual style with lightweight comfort.

The campaign will highlight Hunter in various HEYDUDE Wally styles, including the Wally Stretch Sox and Wally Slipper, capturing his off-field activities such as fishing and gaming. The partnership includes new Wally product launches, coordinated social media efforts, and comprehensive marketing initiatives across digital and retail platforms.

Paul Nugent, CMO of HEYDUDE, emphasizes that this campaign represents a significant milestone for the brand, celebrating their community and unique positioning in the casual footwear market. The partnership with Hunter is described as the first of many under the 'Unlike Anything' platform.

Crocs (NASDAQ: CROX) has announced it will host a conference call on Thursday, February 13, 2025, at 8:30 am ET to discuss its fourth quarter and full year 2024 financial results. Investors can access the conference call details by registering through the Investor Relations section of the Crocs website at investors.crocs.com. The webcast will be available live and accessible for replay until February 13, 2026.