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Monday, April 16, 2018

Those Shoes: Crocs' Lineup Makes Reaching $1.2B In Revenue Difficult, Susquehanna Says In Downgrade - Benzinga

Those Shoes: Crocs' Lineup Makes Reaching $1.2B In Revenue Difficult, Susquehanna Says In Downgrade - Benzinga

Benzinga

Those Shoes: Crocs' Lineup Makes Reaching $1.2B In Revenue Difficult, Susquehanna Says In Downgrade
Benzinga
In many cases, Crocs has "bad" 20-year leases signed during former CEO John McCarvel's tenure, making it difficult to transition into a more focused direct-to-consumer business like many of its shoe company peers have done, the analyst said. “Product ...

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