Best-Performing Footwear Company: Crocs,

December 2, 2022

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Crocs ($NASDAQ:CROX), Inc. has been one of the best performing footwear companies in the past two quarters. The company’s 6-month price return of 81.13% has outperformed its competitors, such as Skechers U.S.A. and Wolverine Worldwide. This is due to a number of factors, such as Crocs’ focus on innovation and its strong relationships with its retail partners. Crocs has been focused on innovating its product line in order to appeal to a wider range of consumers. For example, the company has introduced new styles of shoes, such as the Crocs LiteRideā„¢, which is designed to be more comfortable and supportive than traditional Crocs shoes.

In addition, Crocs has expanded its product offerings beyond shoes to include items such as bags, hats, and even jewelry. The company has also cultivated strong relationships with its retail partners, which has helped to drive sales. For example, Crocs provides its retail partners with data on which products are selling well and which sizes and colors are in high demand. All of these factors have contributed to Crocs’ strong performance in the past few quarters. The company is well-positioned to continue to grow in the future as it continues to innovate its product line and expand its reach through its retail partnerships.

Price History

Crocs, Inc. is one of the best-performing footwear companies in the market today. On Thursday, CROCS stock opened at $101.1 and closed at $99.7, down by 1.3% from last closing price of 101.0. Although the stock prices have dipped slightly, the company is still doing well overall. Live Quote…

About the Company

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  • VI Analysis

    CROCS is a medium risk investment in terms of financial and business aspects, according to the VI Risk Rating. The company’s fundamentals reflect its long term potential. However, the VI App has detected 1 risk warnings in the balance sheet. Register on vi.app to check it out. More…

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  • VI Peers

    Its competitors are Nike Inc, Skechers USA Inc, and Wolverine World Wide Inc.

    – Nike Inc ($NYSE:NKE)

    Nike is one of the largest sporting goods companies in the world. They design, develop, and manufacture footwear, apparel, and equipment for a variety of sports and fitness activities. Nike’s market cap as of 2022 is 138.47B. Their return on equity is 25.1%. Nike’s products are sold in over 190 countries worldwide.

    – Skechers USA Inc ($NYSE:SKX)

    Skechers USA Inc has a market cap of 5.44B as of 2022, a Return on Equity of 10.49%. The company is engaged in the design, development, marketing and sale of footwear for men, women and children.

    – Wolverine World Wide Inc ($NYSE:WWW)

    Wolverine World Wide Inc is a footwear company that designs, manufactures, and markets a range of shoes for men, women, and children. The company has a market cap of 1.3B as of 2022 and a Return on Equity of 18.81%. Wolverine World Wide is a publicly traded company on the New York Stock Exchange (NYSE) under the ticker symbol WWW. The company was founded in 1883 and is headquartered in Rockford, Michigan.

    Summary

    Crocs, Inc. is a world leader in innovative casual footwear for men, women, and children. Crocs offers a broad range of shoes that are comfortable, stylish, and easy to care for.

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