Crocs traded at $124.19 this Wednesday July 1st, increasing $3.55 or 2.94 percent since the previous trading session. Looking back, over the last four weeks, Crocs gained 6.27 percent. Over the last 12 months, its price rose by 16.35 percent. Looking ahead, we forecast Crocs to be priced at 125.10 by the end of this quarter and at 117.46 in one year, according to Trading Economics global macro models projections and analysts expectations.
Crocs, Inc. is engaged in the design, development, worldwide marketing, distribution, and sale of casual lifestyle footwear and accessories for women, men, and children. The Company operates through three segments: the Americas, operating in North and South America; the Asia Pacific, operating throughout Asia, Australia, and New Zealand; and Europe, Middle East, and Africa (EMEA), operating throughout Europe, Russia, the Middle East, and Africa. The majority of shoes within the Company's collection contains Croslite material, a molded footwear technology. The Company markets its products in approximately 80 countries through three distribution channels: wholesale, retail, and e-commerce. Its wholesale channel includes domestic and international multi-brand retailers, mono-branded partner stores, e-tailers, and distributors; its retail channel consists of the Company-operated stores; and its e-commerce channel includes the Company-operated e-commerce sites and third-party marketplaces.