Crocs Inc (MEX:CROX)
MXN 2115 -25 (-1.17%) Market Cap: 123.41 Bil Enterprise Value: 155.36 Bil PE Ratio: 7.62 PB Ratio: 3.57 GF Score: 70/100

Crocs Inc at Robert W Baird Global Consumer, Technology & Services Conference Transcript

Jun 08, 2022 / 04:50PM GMT
Release Date Price: MXN1128
Jonathan Robert Komp;Andrew Rees
Robert W. Baird & Co. Incorporated, Research Division - Senior Research Analyst

Welcome, everyone. We'll get started here. I'm Jon Komp, Baird senior analyst covering the active lifestyle sector. Really pleased to have Crocs with us today for this session here. I'm sure you all know the brand Crocs, but the company really is a leading casual footwear brand sold globally in more than 85 countries and has executed incredibly well the last few years and grown to well more than $2 billion for the core Crocs brand. On top of that, completed earlier this year, the company acquired HEYDUDE, which is another lifestyle brand that is expected to reach almost $900 million of revenue this year.

So joining us, we have CEO, Andrew Rees, who took over as CEO in 2017, was at the company longer than that, has more than 25 years of experience in the industry; and CFO, Anne Mehlman, who rejoined in 2018 after an earlier stint with the company.

So thank you both for joining. Happy to have you here. And Andrew, I'll turn it to you to start.

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