Crocs Stock Slips on Revenue Warning. Should Investors Buy the Dip?

The strong year for Crocs (NASDAQ: CROX) suddenly came to a screeching halt after the company issued disappointing guidance. Even after the big pullback, shares of the casual footwear company are still up nearly 20% on the year. Let's look at Croc's most recent report and guidance to see if this is a buying opportunity.It has been a tale of two brands with Crocs the past couple of years, with its namesake brand flourishing, while its HeyDude brand, which it acquired in 2022, has floundered. HeyDude once again was the main issue for the company when it reduced its guidance, because it said it was taking longer than planned to help turn the brand around.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool