Excessive optomism has led to excessive pessimism as far as stock price. Expect things in stock price area to look up when the unexpected costs of correcting a manufacturing costs problem is finally visible in a return to better profits.
Too bad management did not anticipate better. Probably too much else happening (like opening thousands of new outlets around the world). Challenge of management is to be strategic – this means CEO who gets things done, does them and doesn’t always think/anticipate and Chairman who does not DO much, but thinks instead, anticipates. SO Chairman should ask questions and CEO should answer them and they both should THINK.
Did anyone really thing that rubber shoes would continue to sell like crazy? It was a fad product and fad stock which has run its course. The company will now fade into oblivion.
4 Responses to CROX – What happened?
Yankee Investor June 3, 2008
Excessive optomism has led to excessive pessimism as far as stock price. Expect things in stock price area to look up when the unexpected costs of correcting a manufacturing costs problem is finally visible in a return to better profits.
Too bad management did not anticipate better. Probably too much else happening (like opening thousands of new outlets around the world). Challenge of management is to be strategic – this means CEO who gets things done, does them and doesn’t always think/anticipate and Chairman who does not DO much, but thinks instead, anticipates. SO Chairman should ask questions and CEO should answer them and they both should THINK.
gm October 22, 2008
Did anyone really thing that rubber shoes would continue to sell like crazy? It was a fad product and fad stock which has run its course. The company will now fade into oblivion.
nico February 21, 2009
we just call it WINTER!
Crocs 4ever Marcelle July 23, 2009
That is poor marketing and bad management decisions.