Crocs is a casual lifestyle footwear brand. In February 2022, the Company completed its acquisition of HEYDUDE, a footwear brand focusing on casual, comfortable, and lightweight footwear. As alleged, ...

Crocs brand DTC's revenue rose 5% to $447 million, with comparable DTC revenue edged up 0.3%. Wholesale revenue rose by 2.7% to $315 million. International growth led the way, with sales jumping ...

the brand has been a notable headwind in Crocs' growth after the 2022 acquisition as the brand's sales have shown steep declines primarily due to previous wholesale inventory overstocking.

By brand, Crocs revenue grew 9% y-o-y to $3.3 billion, driven by a 10% increase in direct-to-consumer sales and an 8% rise in wholesale. In contrast, Hey Dude brand revenue declined 13% to $824 ...

Crocs shares rise after analyst upgrades, citing growth potential for Hey Dude and strong margins. Tariff volatility seen as ...

More specifically, during the Class Period, Crocs CEO Andrew Rees assured investors that “our wholesale customers are being really prudent in terms of how they manage their business, in terms of ...

Crocs' direct-to-consumer (DTC) segment in FY24 showed a robust growth of 7.2%, or 7.8% when adjusted for currency fluctuations. In contrast, wholesale revenues grew only 0.2%, or 1.1% on a ...

Crocs executives predicted the company's profits ... with direct-to-consumer revenues increasing 7.2% but wholesale revenue dropping 8.6%. However, HeyDude revenue decreased 13.2% in fiscal ...