Crocs stock sinks as weak Heydude sales weigh on 2024 guidance

In This Article:

Shares of Crocs, Inc. (CROX) are sinking as the company expects 2024 sales growth to come in on the low end of its prior guidance, given the weak performance of its Heydude brand.

Market Domination Hosts Julie Hyman and Josh Lipton report more on the story and why the news is overshadowing the footwear company's third quarter earnings beat.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Melanie Riehl