|Bid||77.37 x 900|
|Ask||77.91 x 900|
|Day's Range||76.31 - 78.19|
|52 Week Range||46.08 - 183.88|
|Beta (5Y Monthly)||1.87|
|PE Ratio (TTM)||6.80|
|Earnings Date||Apr 25, 2022 - Apr 29, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||89.44|
In a rare move, Crocs announced it was expanding its Colorado headquarters, not once, but twice during the pandemic. What the company needed was twice the size, so Crocs started renovations this spring on a 190,000-square-foot, three-story building at 500 Eldorado Blvd., about two miles south of its current headquarters. Crocs reported $1.2 million in expenses for paying rent at two headquarters in its second-quarter earning statement.
Crocs (NASDAQ: CROX) has a profitability challenge. Yes, the casual footwear specialist recently reported solid sales growth for the selling period that ended in late June. Demand held up despite new pressures like accelerating inflation, and the company is still winning market share.
Mixed second-quarter results from Booking Holdings (NASDAQ: BKNG). Amazon's decision to sub-lease warehouse space caused some industrial REITs to fall. Motley Fool senior analysts Deidre Woollard and Matt Argersinger discuss the potential for buying opportunities in this group.