Today’s company has a strong brand that’s thriving even in a pandemic…
Regular readers know that companies with strong brands draw their customers to them no matter what. These loyal customers will even pay more for the quality – and distinctive – products they love. Today’s company makes one-of-a-kind shoes that folks can’t get enough of…
Crocs (CROX) is a $10 billion shoemaker. It’s well-known for its chunky foam-clog shoes that boast a unique, comfortable look.
Even through the pandemic, customers have flocked to its products… Last quarter, Crocs reported record revenues of about $641 million, up 93% year over year. And the company recently revealed a five-year plan to continue its growth and reach $5 billion in revenue by 2026 – while at the same time reiterating its raised guidance from July.
CROX shares have seen incredible growth over the past three years… up more than 600% in the period. They recently hit new all-time highs. And as customers stay loyal to this unique shoemaker, the stock should keep rising…
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Source: Daily Wealth’s Market Notes