In Wednesday’s Blitz Daily with Lance Ippolito, we take another look at footwear company Crocs Inc. following its solid earnings report.
The foam clog manufacturer reported record full-year revenue for 2021 that totaled $2.31 billion, an increase of 66.9% year over year. And it expects first-quarter revenue for 2022 in the range of $605 million to $630 million.
Despite these solid earnings, the stock has dropped in recent days… But it seems institutional traders are prepared to snatch it out of the bargain bin…
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