Crocs

Crocs

Designs and sells comfortable casual footwear

About Crocs

Simplify's Rating
Why Crocs is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Consumer Goods

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$200M

Headquarters

Niwot, Colorado

Founded

2002

Overview

Crocs specializes in casual footwear for men, women, and children, with a strong reputation for its comfortable and distinctive clog design. The shoes are made from a proprietary material called Croslite™, which is lightweight, non-marking, and odor-resistant, providing both comfort and functionality. Crocs offers a variety of footwear options, including clogs, sandals, slides, boots, and wedges, catering to everyday consumers, children, and professionals who need durable shoes for work. Unlike many competitors, Crocs has a multi-channel sales approach, selling directly to consumers through its website and retail stores, as well as through wholesale partnerships with third-party retailers. The company aims to reach a broad audience and maintain a strong market presence while continuously expanding its product line, including themed collections for children and work-specific footwear for professionals.

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Simplify's Take

What believers are saying

  • Collaborations with brands like The Beatles enhance Crocs' visibility and consumer appeal.
  • Pet Crocs taps into the growing pet accessory market, opening new revenue streams.
  • Crocs' Men's Mellow Recovery EVA Comfort Slide is a top choice in comfort footwear.

What critics are saying

  • Class action lawsuits could lead to financial liabilities and reputational damage.
  • Increased competition from major brand collaborations may limit Crocs' market share growth.
  • Consumer fatigue with limited editions may decrease sales if market oversaturates.

What makes Crocs unique

  • Crocs uses proprietary Croslite material for comfort and odor resistance.
  • The brand is known for its iconic clog design and diverse product range.
  • Crocs collaborates with popular franchises like Disney and Marvel for unique designs.

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Funding

Total Funding

$200M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Health and wellness programs

Paid time away from work

Financial wellness programs

Global company

Volunteer opportunities

Paid family leave

Company News

SILive
Feb 14th, 2025
Crocs launches limited edition clogs for Nascar fans

Crocs launches limited edition clogs for Nascar fans.

Giz News Daily
Feb 13th, 2025
Customize Your Galaxy S25 and S25 Plus with Crocs Accessories

Samsung and Crocs have joined forces to unveil a unique case for the Galaxy S25 series that draws inspiration from the well-known casual shoes.

Stockhouse
Feb 12th, 2025
Shareholders that lost money on Crocs, Inc.(CROX) should contact Levi & Korsinsky about pending Class Action - CROX

THE LAWSUIT: A class action securities lawsuit was filed against Crocs, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between November 3, 2022 and October 28, 2024.

PR Newswire
Jan 28th, 2025
Crocs, Inc. Announces Conference Call To Review Fourth Quarter And Full Year 2024 Earnings Results

BROOMFIELD, Colo., Jan. 28, 2025 /PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX) announced today that on Thursday, February 13, 2025, at 8:30 am ET, it will host a conference call to discuss the results of its fourth quarter and full year ended December 31, 2024.To receive conference call details, please register at the Investor Relations section of the Crocs website, investors.crocs.com. The webcast will also be available live and on replay through February 13, 2026 at this site.About Crocs, Inc.:Crocs, Inc. (Nasdaq: CROX), headquartered in Broomfield, Colorado, is a world leader in innovative casual footwear for all, combining comfort and style with a value that consumers know and love. The Company's brands include Crocs and HEYDUDE, and its products are sold in more than 80 countries through wholesale and direct-to-consumer channels

GlobeNewswire
Jan 28th, 2025
Class Action Announcement For Crocs, Inc. Investors: Kessler Topaz Meltzer & Check, Llp Has Filed A Securities Fraud Class Action Lawsuit Against Crocs, Inc.

RADNOR, Pa., Jan. 27, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that the firm has filed a securities fraud class action lawsuit against Crocs, Inc. (NASDAQ: CROX) (“Crocs” or the “Company”) on behalf of investors who purchased or otherwise acquired Crocs common stock between November 3, 2022, and October, 28 2024, inclusive (the “Class Period”). This action, captioned Carretta v. Crocs, Inc., et al., Case No. 1:25-cv-00096, was filed in the United States District Court for the District of Delaware.Important Deadline Reminder: Investors who purchased or otherwise acquired Crocs common stock during the Class Period may, no later than March 24, 2025, move the Court to serve as lead plaintiff for the class.If you suffered Crocs losses, you may CLICK HERE or copy and paste the following link in your browser: https://www.ktmc.com/new-cases/crocs-inc?utm_source=PR&utm_medium=link&utm_campaign=crx&mktm=rYou can also contact attorney Jonathan Naji, Esq

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