Crocs shares are trading lower after the company reported Q3 financial results and lowered its revenue guidance related to the HEYDUDE Brand.
Portfolio Pulse from Benzinga Newsdesk
Crocs shares declined following the release of Q3 financial results and a reduction in revenue guidance for the HEYDUDE Brand.
October 29, 2024 | 11:47 am
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Crocs shares are trading lower due to disappointing Q3 financial results and a reduction in revenue guidance for the HEYDUDE Brand.
The decline in Crocs shares is directly linked to the company's Q3 financial performance and the lowered revenue guidance for the HEYDUDE Brand, which likely signals weaker future earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100