Advertisement
UK markets open in 7 hours 14 minutes
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     
  • CRUDE OIL

    78.33
    -0.05 (-0.06%)
     
  • GOLD FUTURES

    2,323.50
    -0.70 (-0.03%)
     
  • DOW

    38,884.26
    +31.99 (+0.08%)
     
  • Bitcoin GBP

    49,984.05
    -558.45 (-1.10%)
     
  • CMC Crypto 200

    935.29
    -429.84 (-24.93%)
     
  • NASDAQ Composite

    16,332.56
    -16.69 (-0.10%)
     
  • UK FTSE All Share

    4,522.99
    +53.90 (+1.21%)
     

Crocs Guidance Cut: How Worried Should Investors Be?

Crocs (NASDAQ: CROX) has a profitability challenge. Yes, the casual footwear specialist recently reported solid sales growth for the selling period that ended in late June. Demand held up despite new pressures like accelerating inflation, and the company is still winning market share.