Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Why Crocs Stock Skyrocketed Today

Source The Motley Fool

Key Points

Crocs expects its growth to accelerate in the fourth quarter.
HeyDude sales are back on the upswing.
Motley Fool Issues Rare "Total Conviction" Buy Alert ›

Shares of Crocs (NASDAQ:CROX) leaped more than 25% on Thursday after the footwear designer announced revenue and profits that surpassed investors' expectations.

Image source: Getty Images.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

Welcome back, dude

Crocs' revenue rose 4.6% year over year to over $1 billion in the third quarter.

The company's namesake Crocs Brand saw sales grow by 4.4% to $873 million, driven by an 8.2% rise in direct-to-consumer revenue. International markets enjoyed particularly strong growth, with sales climbing 11.8% to $434 million.

Additionally, the casual footwear maker's previously struggling HeyDude brand returned to growth. HeyDude sales were up 6.1% to $170 million, fueled by a 14% jump in wholesale revenue to $79 million.

"We delivered a strong third quarter with growth across brands, channels, and geographies," CEO Andrew Rees said.

Better still, higher average selling prices, tighter inventory controls, and efficiency initiatives are helping to expand Crocs' profit margins. Adjusted gross margin improved to 60.3% from 58.5% in the year-ago quarter.

Crocs' adjusted operating income, in turn, climbed 11.7% to $232 million, while its adjusted earnings per share jumped 26.4% to $3.69. That was well above Wall Street's estimates of $3.31.

Crocs also generated more than $275 million in free cash flow. This bountiful cash production is enabling the company to reward shareholders with sizable stock buybacks. Crocs has repurchased a whopping 37% of its shares over the past decade.

Accelerating growth

Looking ahead, management expects sales growth to accelerate to 7%-9% in the fourth quarter, with Crocs Brand sales up 6%-8% and HeyDude Brand sales up 10%-12%. Crocs is also targeting fourth-quarter adjusted earnings per share of $3.25 to $3.45.

Should you buy stock in Crocs right now?

Before you buy stock in Crocs, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Crocs wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $334,308!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,323,413!*

Now, it’s worth noting Stock Advisor’s total average return is 897% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of October 29, 2026.

Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool recommends Crocs. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Tesla jumps 5% as Barclays puts a $450 target on the SpaceX merger — the chart was already pointing to 431 Tesla closed at $391.62 on October 26, up 5.21%, after Barclays upgraded the stock to Overweight and lifted its target to $450 from $370, citing a sharp inflection in Robotaxi miles and a potential SpaceX merger. The move also completed a double bottom at $345.88 and $349.33, with a neckline at $388.56 and a measured target of $431.24. Here is what the upgrade actually says, why the chart and the analyst now point the same way, and what would break the target.

Author Irene Q.

Oct 27, Tue

Tesla closed at $391.62 on October 26, up 5.21%, after Barclays upgraded the stock to Overweight and lifted its target to $450 from $370, citing a sharp inflection in Robotaxi miles and a potential SpaceX merger. The move also completed a double bottom at $345.88 and $349.33, with a neckline at $388.56 and a measured target of $431.24. Here is what the upgrade actually says, why the chart and the analyst now point the same way, and what would break the target.

Anthropic files for a $2 trillion IPO — the $80.7 billion loss is the decoy, the $450 billion compute bill is the risk Anthropic publicly filed its S-1 on October 26, revealing $16.29 billion of first-half revenue (+1,304% year over year) and a $80.7 billion net loss — of which $72.4 billion is a non-cash convertible-note charge. The real number is the $450 billion of signed, mostly non-cancelable compute commitments. Here is what the filing says, why NVDA, ARM and MU are the tradeable read-through, and the conditions that decide whether the AI trade passes its first public valuation test.

Author Irene Q.

Oct 27, Tue

Anthropic publicly filed its S-1 on October 26, revealing $16.29 billion of first-half revenue (+1,304% year over year) and a $80.7 billion net loss — of which $72.4 billion is a non-cash convertible-note charge. The real number is the $450 billion of signed, mostly non-cancelable compute commitments. Here is what the filing says, why NVDA, ARM and MU are the tradeable read-through, and the conditions that decide whether the AI trade passes its first public valuation test.

Brent's $115 front month sits $4.6 above January — the $14 spread to WTI is the supply-risk premium December Brent trades at $115.29 while January is $110.71, a $4.58 backwardation. The December Brent-WTI spread is $14.2, versus a $3-5 normal. That gap, not the headline, is where the Middle East supply risk is priced. Here is what the curve says, why the December contract's expiry on October 30 will mechanically cut the headline by $4.6, and the 108.81 neckline that decides the next move.

Author Irene Q.

Oct 28, Wed

December Brent trades at $115.29 while January is $110.71, a $4.58 backwardation. The December Brent-WTI spread is $14.2, versus a $3-5 normal. That gap, not the headline, is where the Middle East supply risk is priced. Here is what the curve says, why the December contract's expiry on October 30 will mechanically cut the headline by $4.6, and the 108.81 neckline that decides the next move.

Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - October 29, 2026 Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 29, 2026. Read on for the details.

Author Mitrade

Yesterday 02: 06

Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 29, 2026. Read on for the details.

The Fed held at 3.75%–4.00% — and two officials voted to hike. December is now 85% priced The FOMC held by a 10–2 vote, with Governor Cook and Cleveland Fed President Hammack dissenting for a 25bp hike. Chair Warsh offered no forward guidance and no dot plot, the 2-year yield fell 8bp to 4.70%, and the dollar slipped to 101.84 even as markets moved December hike odds to 85%–87%. Tonight's Q3 GDP and September core PCE are the next referee.

Author Irene Q.

Yesterday 02: 55

The FOMC held by a 10–2 vote, with Governor Cook and Cleveland Fed President Hammack dissenting for a 25bp hike. Chair Warsh offered no forward guidance and no dot plot, the 2-year yield fell 8bp to 4.70%, and the dollar slipped to 101.84 even as markets moved December hike odds to 85%–87%. Tonight's Q3 GDP and September core PCE are the next referee.

Popular Symbols