CROX earnings call for the period ending June 30, 2020.
News & Analysis: Crocs
Sometimes, the smartest move goes against the grain.
What investors need to know as retailers move higher.
The comfort footwear maker grew sales in March and April, even with many stores closed.
CROX earnings call for the period ending March 31, 2020.
Crocs posted a disappointing first quarter and noted there is more pain to come.
Sales have likely slumped due to pandemic-related store closures in many of its key markets.
The footwear company is giving away 10,000 pairs daily.
Things were starting to look up for the footwear company after new leadership orchestrated a turnaround. These changes may have put Crocs in a stronger position to weather the current stock market downturn.
Shares of the footwear company dove as the coronavirus forced it to cut its guidance for 2020.