Crocs Shares Surge 27% as Company Raises Full-Year Forecast
Crocs shares rose about 27% Thursday after the footwear maker raised its full-year forecasts, citing a sustained recovery at HEYDUDE and steady demand for its namesake clogs.
Crocs' NASDAQ:CROX shares surged about 27% on Thursday after the footwear maker raised its full-year forecasts, betting on a sustained recovery at its HEYDUDE brand and steady demand for its namesake clogs.The upbeat outlook contrasted with a broader footwear sector that has been grappling with une…