I had no idea that Crocs was a $3bn enterprise value company.
The Gross Profit margin of 60% and operating margins of 25% I can believe. Their shoes are elegantly simple to make, (mold, foam, boom) and shipping would be cheap – by volume not weight.
Apparently they’ll be the next Nike. (says bloggingstocks)
But I still think they are ugly, so I won’t be buying the shoes, or the stock, just yet.
