CROX: Fast Rising Hey Dude Email Promotions Correctly Predict Reduced Growth Outlook

   01 Aug 2023

CROCS (CROX).  Growth in our discount indices for both Crocs and HeyDude helped warn investors to declining demand.   Forecast sales growth was reduced downward from 34% in Q1 to just 4% in Q3. Our promotional indices for HeyDude  accelerated among the fastest in our retail universe.