Crocs Core Brand Drives Strong Cash Flow While HeyDude Segment Struggles
Crocs' core brand continues to generate strong cash flow, with direct-to-consumer sales growing by 13% in Q1 and international revenue rising. However, the HeyDude segment remains a drag on performance, reporting a 25% decline in wholesale sales and trailing gross margins significantly behind Crocs.
Tickers: $CROX
Topics: brand performance cash flow revenue wholesale vs DTC