CROX - Sector: Consumer Cyclical - Industry: Footwear

[B_Dub]

Guys the chart speaks for itself as well as the last quarters profits take a look at this one i think it will continue to grow with the popularity of the shoe!

http://stockcharts.com/gallery/?crox

[MARTY]

Any thoughts on CROX?  Seems to have had a major sell off on Friday.

[fous]

I love the chart here. I was thinking of adding this to my port tomorrow around 31.20 but price is up AH another 1.05 to 33.20 likely in anticipation of the presentation crox is set to have tomorrow. So we might see a gap up and sell the news in the morning so i'll most likley be holding off from filling any position. My target entry is anywhere from 30-31.50 or so but this stupid gap might not give me that chance


CROCS INC Company Overview

Crocs, Inc. is a designer, manufacturer and marketer of footwear for men, women and children under the crocs brand. The Company offers 11 footwear models in up to 18 different colors. Crocs, Inc. markets its footwear products to a range of distribution channels, and sells its products in over 6,500 retail locations in the United States. It has also begun selling its products in over 40 additional countries. The Company also markets a line of crocs-branded apparel and accessory items. Crocs, Inc.'s closed-cell resin material, which it refers to as croslite, is the primary raw material used in all of its footwear and non-branded products. The Company also selectively uses croslite to manufacture a variety of other non-branded products, such as spa pillows and kayak seats, which are marketed to original equipment manufacturers. The Company also offers its products domestically and internationally through its Website at www.crocs.com.

If you live in america then most likley you have seen this wierd looking clog shoe around. The appeal of it isn't too ravishing IMO but its become a fashion statement to be wearing croc clogs. I see many people(mostly girls) wearing them on my university campus here in oregon. Can't say i own a pair though, maybe someday if they grow on me

Sales of the crocs shoes have skyrocketed in 06 and are projected to continue much higher into 07

latest earnings:
NIWOT, Colo.--(Business Wire)--Aug. 3, 2006-- Crocs, Inc. (NASDAQ: CROX):

-- Second Quarter Revenues More than Triple to $85.6 Million vs.

$25.8 Million Last Year

-- Company Reports 2Q06 Diluted EPS Including Share-based

Compensation of $0.39 vs. $0.10 Last Year

-- Company Issues Third Quarter 2006 Guidance

Crocs, Inc. (NASDAQ: CROX) today reported its results of operations for the second quarter ended June 30, 2006.

Revenues for the second quarter ended June 30, 2006 increased 231.8% to $85.6 million compared to revenues of $25.8 million for the second quarter ended June 30, 2005. Revenue for the six months ended June 30, 2006 increased 255.6% to $130.5 million compared to revenues of $36.7 million for the six months ended June 30, 2005. Net income attributable to common stockholders for the second quarter of fiscal 2006 was $15.7 million, or $0.39 per diluted share, compared to net income attributable to common stockholders of $3.3 million, or $0.10 per diluted share, for the second quarter of fiscal 2005. Second quarter net income attributable to common stockholders includes non-cash share-based compensation expense, net of tax effect, of $1.5 million compared to $685,000 for the comparable period of 2005. Excluding the non-cash share-based compensation expense, non-GAAP net income was $17.2 million and non-GAAP net income per diluted common share was $0.43 for the second quarter ended June 30, 2006. Net income attributable to common stockholders for the six months ended June 30, 2006 was $22.1 million, or $0.56 per diluted share, compared to net income attributable to common stockholders of $5.3 million, or $0.16 per diluted share, for the six months ended June 30, 2005. -0- *T

CROX chart is looking great and looking eager to breakout to new highs. strong support is near 30-31 and right now price is up AH to break through resistence near 32.60.

We'll see how things go in the morning with this gap up and the presentation starting at 8:30am ET.

[fous]

in this morning at 31.45 

looking strong with heavy volume today and up 6.19%

[D&Data]

Look it now...
Is it good for the long run ??

http://finance.yahoo.com/q?s=crox

48.82 $ !

As AKAM....

[Tirebldr]

Earnings on Tuesday 20Feb, after hours. Expected to be strong and continue throughout the year. Began its turn-around, from an ABC wave down, on Friday.

[setravis]

"CORX" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                           
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Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.      
Thank You....and good luck with all your trades....make some $$$             

[Tirebldr]

Crocs, Inc. Signs License Agreements with Top NASCAR Teams
http://biz.yahoo.com/bw/070220/20070220006350.html?.v=1

Crocs, Inc. Reports Fiscal 2006 Fourth Quarter and Year-End Financial Results
http://biz.yahoo.com/bw/070220/20070220006361.html?.v=1

Crocs, Inc. Reports Fiscal 2006 Fourth Quarter and Year-End Financial Results
Tuesday February 20, 4:00 pm ET
-- Fourth Quarter Revenues Increased 236.0% to $112.9 Million vs. $33.6 Million Last Year --
- Company Reports 4Q06 Diluted EPS of $0.51 vs. $0.12 Last Year-
-- Company Issues First Quarter 2007 Guidance -
-- Company Raises Fiscal 2007 Revenue and EPS Growth Targets to 45+% from 30+% --

NIWOT, Colo.--(BUSINESS WIRE)--Crocs, Inc. (NASDAQ: CROX - News) today reported the following record financial results for the fourth quarter ended December 31, 2006:

Fourth Quarter Highlights

    * Revenues Increased 236.0% to $112.9 million versus $33.6 million in the fourth quarter of 2005.
    * Net Income Increased 395.2% to $20.8 million versus $4.2 million in the fourth quarter of 2005.
    * Diluted Earnings Per Share Increased 325.0% to $0.51 versus $0.12 in the fourth quarter of 2005.

Fiscal 2006 Highlights

    * Revenues Increased 226.6% to $354.7 million compared to $108.6 million in fiscal 2005.
    * Net Income Increased 278.8% to $64.4 million compared to $17.0 million in fiscal 2005.
    * Diluted Earnings Per Share Increased 215.7% to $1.61 compared to $0.51 in fiscal 2005.

Revenues for the fourth quarter ended December 31, 2006 increased 236.0% to $112.9 million compared to $33.6 million for the fourth quarter ended December 31, 2005. Revenue for the twelve months ended December 31, 2006 increased 226.6% to $354.7 million compared to $108.6 million for the twelve months ended December 31, 2005. Net income for the fourth quarter ended December 31, 2006 was $20.8 million, or $0.51 per diluted share, compared to $4.2 million, or $0.12 per diluted share, for the same period in 2005. Net income for the full year ended December 31, 2006 was $64.4 million, or $1.61 per diluted share, compared to $17.0 million, or $0.51 per diluted share, for the year ended December 31, 2005.

Gross profit for the fourth quarter ended December 31, 2006 was $65.1 million, or 57.7% of revenues, compared to $17.8 million, or 53.0% of revenues for the fourth quarter ended December 31, 2005. Gross profit for the twelve months ended December 31, 2006 was $200.6 million, or 56.6% of revenues, compared to $60.8 million, or 56.0% of revenues for the twelve months ended December 31, 2005. Selling, general and administrative expenses for the fourth quarter ended December 31, 2006 was $34.6 million, or 30.6% of revenues, compared to $10.9 million, or 32.4% of revenues in the fourth quarter ended December 31, 2005. Selling, general and administrative expenses for the full year ended December 31, 2006 was $105.0 million, or 29.6% of revenues, compared to $33.9 million, or 31.2% of revenues in the year ended December 31, 2005.

Ron Snyder, President and Chief Executive Officer of Crocs, Inc. commented, "Our better than expected fourth quarter results were driven by strong retail sell-through of our entire product offering and represents a great finish to an important year for our Company. Throughout the quarter we witnessed ongoing demand for our classic footwear both here and abroad, coupled with growing consumer acceptance of our new styles. At the same time, our Collegiate and Disney collections are both off to a tremendous start which bodes well as we look to further expand and evolve our licensing programs. We enter the new year with great momentum evidenced by our heightened outlook for 2007."

Guidance

For the first quarter of fiscal, 2007, the Company currently anticipates total revenues to range from $113 million to $117 million and projects its net income per diluted share to range from $0.47 to $0.49.

The Company also raised its fiscal 2007 revenue and diluted earnings per share growth targets to more than 45% over fiscal year 2006, and up from the previous guidance of more than 30%.

Mr. Snyder concluded, "Fiscal 2006 was an incredibly rewarding period for Crocs on many levels beginning with our very successful initial public and follow-on offerings. Equally important, we made tremendous progress diversifying our product line, expanding our business both domestically and overseas, increasing our brand recognition, further building our infrastructure, and creating new vehicles for growth. We are very pleased with all we have accomplished over the past 12-months and move forward more excited than ever about the significant near- and long-term opportunities we believe exist for our company."

Conference Call Information

A conference call to discuss fourth quarter and fiscal 2006 year-end financial results is scheduled for today (Tuesday, February 20, 2007) at 4:30 PM Eastern Time. A webcast of the call will take place simultaneously and can be accessed by clicking the 'Investor Relations' link under the Company section on www.crocs.com or at www.viavid.net. To listen to the broadcast, your computer must have Windows Media Player installed. If you do not have Windows Media Player, go to the latter site prior to the call, where you can download the software for free.

About Crocs, Inc:

Crocs, Inc. is a rapidly growing designer, manufacturer and retailer of footwear for men, women and children under the Crocs(TM) brand.

All Crocs(TM) brand shoes feature Crocs' proprietary closed-cell resin, Croslite(TM), which represents a substantial innovation in footwear. The Croslite(TM) material enables us to produce soft, comfortable, lightweight, superior-gripping, non-marking and odor-resistant shoes. These unique elements make Crocs(TM) footwear ideal for casual wear, as well as for professional and recreational uses such as boating, hiking, hospitality and gardening. The versatile use of the material has enabled us to successfully market our products to a broad range of consumers.

In 2006, the company acquired Jibbitz LLC, a unique accessory brand with colorful snap-on products specifically suited for Crocs shoes. Today, more than 900 Jibbitz designs are available to consumers for personalizing and customizing their Crocs(TM) footwear.

Crocs(TM) are sold in more than 80 countries and come in a wide array of colors and styles. Please visit www.crocs.com for additional information.

Forward Looking Statements

The matters regarding the future discussed in this news release include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements related to our future prospects and our expectations regarding our total revenues and net income per diluted share for the first quarter ending March 31, 2007 and year ending December 31, 2007. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, the following: our limited operating history; our significant recent expansion; changing fashion trends; our reliance on market acceptance of the small number of products we sell; our ability to develop and sell new products; our limited manufacturing capacity and distribution channels; our reliance on third party manufacturing and logistics providers for the production and distribution of our products; our reliance on a single-source supply for certain raw materials; our management and information systems infrastructure; our ability to obtain and protect intellectual property rights; the effect of competition in our industry; the effects of seasonality on our sales; our ability to attract, assimilate and retain management talent; and other factors described in our annual report on Form 10-K under the heading "Risk Factors," and our subsequent filings with the Securities and Exchange Commission. Readers are encouraged to review that section and all other disclosures appearing in our filings with the Securities and Exchange Commission. We do not undertake any obligation to update publicly any forward looking statement, including, without limitation, any estimate regarding revenues or earnings, whether as a result of the receipt of new information, future events, or otherwise.

                             Crocs, Inc.
                Consolidated Statements of Operations
           (In thousands, except share and per share data)
                             (unaudited)

                        THREE MONTHS ENDED          YEAR ENDED
                           December 31,            December 31,
                         2006        2005        2006         2005

Revenues             $   112,904 $    33,560 $   354,728  $   108,581
Cost of Sales             47,810      15,741     154,158       47,773
Gross Profit              65,094      17,819     200,570       60,808


Selling, general and
administrative
expenses                 34,648      10,857     104,992       33,916
Income from
operations               30,446       6,962      95,578       26,892

Interest expense             345         231         878          611
Other income, net           (617)        (33)     (1,926)          (
Income before income
taxes                    30,718       6,764      96,626       26,289

Income tax expense         9,933       2,593      32,209        9,317

Net income                20,785       4,171      64,417       16,972

Dividends on
redeemable
convertible
preferred shares              0          69          33          275
Net income
attributable to
common stockholders      20,785       4,102      64,384       16,697

Net income per share:
Basic                $      0.53 $      0.12 $      1.73  $      0.51
Diluted              $      0.51 $      0.12 $      1.61  $      0.51

Weighted average
common shares:
Basic                 39,150,500  25,858,239  37,299,200   25,493,577
Diluted               41,120,361  34,076,385  40,085,256   33,570,000

                             Crocs, Inc.
                     Consolidated Balance Sheets
           (In thousands, except share and per share data)
                             (unaudited)
                                             December 31, December 31,
                                                 2006         2005
                   ASSETS
Current assets:
Cash and cash equivalents                     $   43,465   $    4,787
Short-term investments                            22,960            -
Accounts receivable, net                          66,858       17,641
Inventories, net                                  86,210       28,494
Deferred tax assets                                3,689        1,939
Prepaid expenses and other current assets         14,333        3,492

Total current assets                             237,515       56,353

Property and equipment, net                       33,272       14,765
Goodwill                                          11,717          336
Other intangibles, net                            13,432        5,311
Deferred tax assets, net                           1,280        1,084
Other assets                                       1,836          183

Total assets                                  $  299,052   $   78,032

    LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
Accounts payable                              $   43,389   $   20,829
Accrued liabilities and other liabilities         31,109        8,178
Income taxes payable                              12,140        8,697
Notes payable and current installments of
long-term debt                                      541        8,601

Total current liabilities                         87,179       46,305

Long-term debt                                       116        3,422
Deferred tax liabilities                           2,013        1,772
Other liabilities                                  1,486          319

Total liabilities                                 90,794       51,818

Commitments and contingencies
Redeemable common shares, 8,410,320 shares
issued and outstanding at December 31, 2005           -        1,800
Redeemable convertible preferred shares, par
value $0.001 per share; 8,000,000 shares
authorized 7,452,492 shares
issued and outstanding in 2005 - preferences
in liquidation of $5,500                              -        5,500

Stockholders' equity:
Common shares, par value $0.001 per share;
125,000,000 and 25,000,000 shares
authorized, 39,340,709 and 17,449,699 shares
issued and outstanding                               39           17
Additional paid-in-capital                       131,834       13,976
Deferred compensation                             (5,702)     (12,364)
Retained earnings                                 81,081       16,697
Accumulated other comprehensive income             1,006          588

Total stockholders' equity                       208,258       18,914

Total liabilities and stockholders' equity    $  299,052   $   78,032


Contact:

Crocs, Inc.
Peter Case/Chief Financial Officer
Tia Mattson/Public Relations Manager
303-848-7000
or
Investor/Media:
Integrated Corporate Relations, Inc.
Investors: Chad Jacobs/Brendon Frey
Media: Michael Fox
203-682-8200

Source: Crocs, Inc.

[nica33]

This stock goes up like crazy !!  Since may 3 (previous day to last Q report) is up 54 %  ....has  more fuel ?

I found interesting this article: 

http://articles.moneycentral.msn.com/Investing/SuperModels/HowCrocsIsOutpacingThePack.aspx?GT1=10119 

[bjc]

CROX looking buyable.  Long term growth story.  Market overreacted, and CROX was valued like a stock that had always blown out numbers.  One bad Q for a superstock like this totally kills it. 

Anyone think this is a great growth stock trading at a big discount due to overreaction from wall street?  I am starting to believe this as I look at the numbers.

[bjc]

Buyng CROX once I have some available funds.  The market beat it up too much.  Now it seems to be tremendous value...

I'm not the biggest fan of Crocs, but they seem to have some staying power.  I actually do kinda like their winter croc, the mammoth.  Supposedly it is selling well. .

[bjc]

Nobody else likes CROX?

The chart looks ripe for a rally.

Fundamentals are awesome..

[daiwa]

http://www.crocs.com

Crox shoes rocketing 

This is indeed very funny market, with PE-8, EPS-2 and shortfloat over 50% + Bullish Wedge comes to the end...all this seriously gave good runaway platform, but the real question comes where to exit ? We are up now +25% in 6 session, 25 - 30 $ area good to execute or should I start counting new impulse waves ?

On the other hand those shoes are unseasonal products...

http://bp0.blogger.com/_Wt9bhJccdPw/R-8O18RseHI/AAAAAAAACKk/z9JeVk-QRTs/s1600-h/Crox.gif


Regards,

-D
http://just-charts.blogspot.com/


Lates newsflow for Crox>

Niwot     , Colo.     , March 27, 2008   –  Crocs, Inc. (NASDAQ: CROX) was recently honored with the Executive Director's Award from the American Podiatric Medical Association (APMA). The award recognizes CrocsRX™, a leader in medical shoe sales, as making a significant contribution to the advancement of podiatric medicine in 2007. The award will be presented at the APMA's Annual House of Delegates Meeting in Washington, DC on April 7, 2008.

"The APMA is the leading voice in podiatric medical care, so it is a huge honor to receive their highest award," said Eddie Scott, Director of CrocsRX™. "We look forward to continuing to work with APMA to offer ergonomic footwear and bringing those solutions to market for consumers."

"The APMA is committed to improving the quality of life for individuals suffering from a variety of health-related ailments through podiatric solutions," said Dr. Glenn Gastwirth, Executive Director of the APMA. "We are pleased to recognize CrocsRX™ for advancing footwear alternatives for these patients while offering fashionable designs that protect while relieving pain."

A specialty footwear line designed for people with specific medical and therapeutic, podiatric conditions, the entire CrocsRX™ product line has received the APMA Seal of Acceptance based on a myriad of podiatric standards. Included in the CrocsRX™ line are three distinctive styles – the Relief (MSRP: $39.99), Cloud (MSRP: $39.99) and Silver Cloud (MSRP: $49.99). All three styles combine specialized features to reduce foot discomfort, including Crocs' proprietary Croslite™ material which conforms to the foot to create a truly customized fit.

To learn more about CrocsRX™ footwear, or join the more than 3,000 doctors that either recommend shoes from the CrocsRX™ line to their patients or distribute CrocsRX™ models directly through their offices, visit www.crocsrx.com.   

[setravis]

"CORX" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                            
All history on a stock pick in 1 thread is awesome.                           
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.        
Thank You....and good luck with all your trades....make some $$$         


Merged new thread to this one started by daiwa.
I will leave you today's closing chart while I'm here.......     

[daiwa]

Thank You, yes, it was good technical point for entry, were just a bit wondering where to exit. Well, have to count labels on next weekend...

Btw. I think this forum works upsidedown, it´s mad work to roll these messages because oldest one have to see first - any chance to change it working other way putting most new message to the top ?

Regards,

-D
http://just-charts.blogspot.com/