Instead of investing in tangerine corseted playsuits or handbags to carry nowhere, we are buying sweatpants and, apparently, Crocs. Instead, I alternate between hideous (and hideously comfortable) Brooks running shoes and two different pairs of Birkenstocks. Then, a fashionable textile designer I follow on Instagram posted a photo of herself wearing Crocs printed with strawberries.

Bear of the Day: Crocs (CROX)

Investors need to pay close attention to Crocs (CROX) stock based on the movements in the options market lately.

In order to improve financial flexibility amid coronavirus crisis, Crocs (CROX) amends its revolving credit facility and suspends share repurchases.

Crocs (CROX) delivered earnings and revenue surprises of -33.33% and -1.75%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

The you know what is about to hit the fan in America's retail sector because of the coronavirus pandemic.

Crocs, Inc. announces conference call to review first quarter 2020 results.

Crocs Provides an Update on the Business Impact of COVID-19

Best Buy on the list. Continue reading...

Ladies and gentlemen, thank you for standing by, and welcome to the Crocs, Inc. first-quarter 2020 earnings call. Good morning, everyone, and thank you for joining us today for the Crocs first-quarter 2020 earnings call. Crocs is not obligated to update these forward-looking statements to reflect the impact of future events.

A recent survey released by Piper Sandler, which assessed consumer behavior changes amidst COVID-19, concluded that most respondents were generally optimistic about the economy, more than half are spending less since mid-March, and 55% of consumers don’t expect to return to normal spending behavior for >6 months after COVID-19 concerns fade. The Final Round panel breaks down the survey and discusses what the survey means for retailers in a post-coronavirus world.

1-800-FLOWERS, Crocs, Microsoft, Avid and American Software as Zacks Bull and Bear of the Day

Shares for the brand are down more than 7% in Thursday premarket trading.

Crocs, Inc. (NASDAQ: CROX), a world leader in innovative casual footwear for men, women, and children, today announced its first quarter 2020 financial results.

Shares of Crocs (NASDAQ:CROX) fell 7.7% after the company reported Q1 results.Quarterly Results Earnings per share fell 38.89% over the past year to $0.22, which missed the estimate of $0.36.Revenue of $281,160,000 lower by 5.00% year over year, which missed the estimate of $295,300,000.Outlook Crocs hasn't issued any earnings guidance for the time being.Crocs hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Apr 23, 2020View more earnings on CROXTime: 01:02 AM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.crocs.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2156877&sessionid=1&key=56B43D9D1FD77F32805AC6CED402CF29®Tag=&sourcepage=registerTechnicals Company's 52-week high was at $43.7952-week low: $8.40Price action over last quarter: down 17.84%Company Overview Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include Americas, Asia pacific, and EMEA.See more from Benzinga * Recap: Alliance Data Systems Q1 Earnings * WNS: Q4 Earnings Insights * F N B: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Q1 2020 Crocs Inc Earnings Call

Shares of Crocs (NASDAQ: CROX), Coty (NYSE: COTY), and Foot Locker (NYSE: FL), an assortment of retailers, jumped 10% or higher Tuesday morning as the markets received positive news about consumer sentiment and COVID-19 vaccines. Retailers got a little spark of hope Tuesday when U.S. consumer confidence moved slightly higher in May, suggesting the worst of the economic impact could be behind us as more states open up parts of the economy and reduce restrictions. Consumer confidence moved to 86.6 in May, up from the downwardly revised 85.7 recorded in April.

Crocs Inc. shares slid 5.6% in premarket trade Thursday, after the casual footwear company missed profit and revenue estimates for the first quarter as stores were shuttered during the coronavirus pandemic. The Niwot, Colorado-based company said it had net income of $11.1 million, or 16 cents a share, in the quarter, down from $24.7 million, or 33 cents a share, in the year-earlier period. Adjusted per-share earnings came to 22 cents, below the 31 cents FactSet consensus. Revenue slid to $281.2 million from $295.9 million, also below the FactSet consensus of $296.0 million. The company withdrew 2020 guidance provided on Feb. 27 because of the uncertainty caused by the virus, but said it expects revenue declines to continue in the retail and wholesale channels as long as social-distancing measures remain in effect. "Further, we expect a larger decline in revenues in the second quarter of 2020, as the majority of our retail and partner stores may be closed for the whole period," the company said in a statement. Crocs has no near-term liquidity concerns and has taken measures to preserve cash. The company has furloughed store workers, cut executive and board pay and deferred certain spending. Its distribution centers remain operational with strict cleaning protocols in place. "Selling, general and administrative expenses ("SG&A") for 2020 is now expected to be between $440 and $460 million, which is approximately $30 to $50 million lower than prior year and approximately $100 million lower than our original plan for 2020," said the company. Capex is expected at about $30 million, down from earlier guidance of $50 million to $60 million. The company has increased a credit facility with PNC Bank, National Association and other lenders to $500 million from $450 million and eased covenants for the second and third quarters. It has temporarily suspended share buybacks. Shares have fallen 44% in the year to date, while the S&P 500 has fallen 13%.

In general, retail hasn't held up well during the shelter-in-place portion of the ongoing COVID-19 pandemic. But Crocs Inc. (NASDAQ: CROX), maker of foam comfort clogs, has bucked the trend as one of the retail success stories this year.

NEW YORK, NY / ACCESSWIRE / April 23, 2020 / Crocs, Inc. (NASDAQ:CROX) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 23, 2020 at 8:30 AM Eastern ...