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Crocs, Inc. (CROX): A Bull Case Theory

We came across a bullish thesis on Crocs, Inc. on RM Capital Partnership’s Substack. In this article, we will summarize the bulls’ thesis on CROX. Crocs, Inc.'s share was trading at 84.03asofOctober21st.CROXstrailingandforwardP/Ewere23.42and9.47respectivelyaccordingtoYahooFinance.Crocs,onceanichefootwearbrand,hasbecomeaculturaliconascasualandlifestyleshoeshavegrowntorepresentnearly4084.03 as of October 21st. CROX’s trailing and forward P/E were 23.42 and 9.47 respectively according to Yahoo Finance. Crocs, once a niche footwear brand, has become a cultural icon as casual and lifestyle shoes have grown to represent nearly 40% of the 85B global footwear market, projected to grow at a 4% CAGR. This shift ...