Report
Crocs stock spikes 23% as HeyDude returns to growth
Barron's reports HeyDude's return to growth follows several consecutive quarters of steep revenue declines.
TLDR
Barron's reports that HeyDude, Crocs' other footwear brand, has returned to growth after several consecutive quarters of steep revenue declines. Its October 29 headline put the spike in Crocs stock at 23%. A separate post says Crocs' quarterly sales reached $1.04 billion, above Wall Street's $1 billion estimate.
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