Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand

Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it would take longer to recover than previously expected.

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Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand

Topics

Related

Harley-Davidson’s stock falls as motorbike maker lowers guidance to reflect still-pressured consumer

Pinterest’s stock tumbles as earnings show slim revenue beat

Microsoft dips on weak guidance after beating on earnings

Shell Earnings Beat Views as Gas Trading Offsets Low Oil Prices

Paramount’s earnings lag estimates as streaming gains are offset by weak film and TV revenue

Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat

Fluor’s stock tumbles after a big earnings miss, plan to deconsolidate NuScale

Temu parent’s stock tumbles after a big earnings miss as competition intensified

Deere’s earnings tumble but still blow past estimates as company offers soft guidance on weak demand

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