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Management said today that Q4 2023 growth was higher than expected.
Shares of Crocs (CROX 1.53%) jumped over 20% on Monday morning after the company announced some early 2023 results. Revenue growth was better than expected and management is paying down debt at a rapid rate.
In this video, Travis Hoium covers the latest news from Crocs and tells why he's very bullish on the company's future.
*Stock prices used were end-of-day prices of Jan. 8, 2024. The video was published on Jan. 8, 2024.
Travis Hoium has positions in Crocs. The Motley Fool recommends Crocs. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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