Crocs Expects 2024 Revenue Growth Of 3% To 5% Compared To 2023 Comprised Of 4% To 6% Growth For Crocs Brand And Flat To Slightly Up For HEYDUDE Brand
Portfolio Pulse from Benzinga Newsdesk
Crocs Inc. forecasts a revenue growth of 3% to 5% for 2024 over 2023, with the Crocs brand expected to grow 4% to 6% and the HEYDUDE brand projected to be flat to slightly up.
January 08, 2024 | 12:04 pm
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Crocs Inc. anticipates a revenue increase in 2024, with its main brand driving growth and HEYDUDE maintaining current levels.
The positive revenue growth projection for Crocs Inc. in 2024, especially for its primary Crocs brand, is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price. The HEYDUDE brand's stable outlook suggests a solid foundation for the company's overall portfolio.
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