{"id":122806,"date":"2021-04-27T16:58:03","date_gmt":"2021-04-27T16:58:03","guid":{"rendered":"https:\/\/precoinnews.com\/?p=122806"},"modified":"2021-04-27T16:58:03","modified_gmt":"2021-04-27T16:58:03","slug":"crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/","title":{"rendered":"Crocs shares hit all-time high as pandemic fuels torrid demand"},"content":{"rendered":"

More On:<\/h4>\n

\n

footwear
\n<\/h3>\n

\n

The best chic sneakers recommended by podiatrists
\n<\/h2>\n

\n

‘Ugly’ Crocs make huge quarantine comeback: How to snap up a hot pair
\n<\/h2>\n

\n

Dr. Martens is planning to file for IPO
\n<\/h2>\n

\n

New York Post readers can score exclusive deals from these cozy brands
\n<\/h2>\n

Crocs shares soared to an all-time high on Tuesday, goosed by an upbeat sales forecast as the coronavirus has led to an epidemic of people lounging around the house.<\/p>\n

The famously ugly clogs — which have been called the “it” shoe of the pandemic — are on track to increase revenues by an eye-popping 50 percent this year, the company said on Tuesday. <\/p>\n

The bold forecast sent shares of the Colorado-based company surging nearly 14 percent to an all-time record of $96.60 in early trading.<\/p>\n

Crocs sales skyrocketed 64 percent to $460 million in the quarter ended March 31 while profits were $98.4 million compared with $11.1 million a year ago, the company said. The Colorado-based company says sales in the second quarter are on track to increase by between 60 and 70 percent.<\/p>\n

\u201c”Demand for the Crocs brand is stronger than ever,\u201d chief executive Andrew Rees said in a statement.<\/p>\n

<\/p>\n

The brightly colored clogs have become a must-have during the pandemic because they are ideal for puttering around the house and for going on errands. But recent collaborations with celebrities suggest that Crocs have staying power.<\/p>\n

In October, Justin Bieber unveiled the first designs of his collaboration with Crocs – limited edition yellow clogs priced at $59.99.  <\/p>\n

\u201cI wear Crocs all the time, so designing my own pair came naturally,\u201d Bieber said in a statement in October. \u201cWith these Crocs, I just focused on making something cool that I want to wear.\u201d<\/p>\n

Rapper Post Malone also inked a deal with the clog maker, dropping his fifth collaboration in December.<\/p>\n

Share this article:<\/h3>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

More On: footwear The best chic sneakers<\/p>\n","protected":false},"author":3,"featured_media":122805,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23052],"tags":[],"yoast_head":"\nCrocs shares hit all-time high as pandemic fuels torrid demand - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crocs shares hit all-time high as pandemic fuels torrid demand - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"More On: footwear The best chic sneakers\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-27T16:58:03+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/04\/Crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/\",\"url\":\"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/\",\"name\":\"Crocs shares hit all-time high as pandemic fuels torrid demand - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2021-04-27T16:58:03+00:00\",\"dateModified\":\"2021-04-27T16:58:03+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Economy\",\"item\":\"https:\/\/precoinnews.com\/category\/economy\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Crocs shares hit all-time high as pandemic fuels torrid demand\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Crocs shares hit all-time high as pandemic fuels torrid demand - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/","og_locale":"en_US","og_type":"article","og_title":"Crocs shares hit all-time high as pandemic fuels torrid demand - Pre Coin News","og_description":"More On: footwear The best chic sneakers","og_url":"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/","og_site_name":"Pre Coin News","article_published_time":"2021-04-27T16:58:03+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/04\/Crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/","url":"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/","name":"Crocs shares hit all-time high as pandemic fuels torrid demand - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2021-04-27T16:58:03+00:00","dateModified":"2021-04-27T16:58:03+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/economy\/crocs-shares-hit-all-time-high-as-pandemic-fuels-torrid-demand\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Economy","item":"https:\/\/precoinnews.com\/category\/economy\/"},{"@type":"ListItem","position":3,"name":"Crocs shares hit all-time high as pandemic fuels torrid demand"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/122806"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=122806"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/122806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/122805"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=122806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=122806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=122806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}