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The Crocs brand is growing, but Heydude is a drag on results.
Crocs (CROX 0.30%) brand is growing, but a turnaround at Heydude is going to take even more time, and that's why shares plunged 19% on Tuesday. In this video, Travis Hoium digs through the results and explains why investors are worried about Heydude.
*Stock prices used were end-of-day prices of Oct. 29, 2024. The video was published on Oct. 29, 2024.
Travis Hoium has positions in Crocs. The Motley Fool has positions in and recommends Nike. 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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