Crocs, Inc. (CROX): A Bull Case Theory 

We came across a bullish thesis on Crocs, Inc. on slo capital’s Substack by Justin. In this article, we will summarize the bulls’ thesis on CROX. Crocs, Inc.'s share was trading at $78.15 as of September 23rd. CROX’s trailing and forward P/E were 21.24 and 8.58, respectively according to Yahoo Finance.

Crocs, Inc. (CROX) is an asset-light global footwear brand that has turned a distinctive product and culture-driven marketing into a high-margin cash engine. Unlike ordinary fashion-dependent companies, Crocs compounds value through its core clogs and the HEYDUDE brand,...