Crocs Inc. CROX has seen its shares slide 2.5% in the past week after it reported third-quarter 2024 results on Oct. 30, 2024 ...

North America revenues sill held strong in 2023 with an increase of 8.1 percent, while Crocs' wholesale revenues increased 8.4 percent, and direct-to-consumer revenues rose 18.5 percent in 2023.

Crocs Inc. on Tuesday reported third-quarter revenue rose 1.6% year over year to $1.06 billion. Direct-to-consumer revenue grew 4.4%, while wholesale revenue fell 1.4% for the quarter.

I maintain my buy rating for Crocs stock, while reducing my price target to $132, as CROX reduced its FY24 revenue guidance.

Image source: Getty Images The Crocs brand, meanwhile, continued to show strength, with revenue climbing 7.4% to $858 million ...

Despite the strong third-quarter results, Crocs' HEYDUDE brand underperformed, with revenues dropping 17.4% year over year. This decline was led by a 22.9% fall in wholesale revenues and a 9.3% ...

Crocs DTC revenue rose 7.7%, with comparable DTC revenue up 4.8%. Wholesale revenue increased 7.1%. International growth led the way, with sales surging 15.5% to $367 million, while North America ...

On a constant-currency basis, revenues jumped 4.6%, while wholesale revenues dipped 0.9%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The Crocs brand’s revenues ...