Sales Of Cave Shoes Are Not As Good As Expected.
Despite the fact that the little prince of England is wearing Crocs shoes, there is a hole in the UK and the world. However, due to the backwardness of the design, the sales performance of the cave shoes is not as good as expected.
It is learnt that since the design of early spring failed to trigger widespread good sales response, investment bank analysts lowered the rating of Crocs from buying to holding.
Analysts say that because of global difficulties,
Retail environment
Crocs's brand momentum has not yet been established, and its sales prospects are uncertain. However, Crocs's expectations for future sales are "too high" to achieve high digits. Therefore, investment banks have lowered their ratings.
In addition, analysts pointed out that the past two quarters of Crocs
profit
The group's expectations for the 2016 EPS have been declining, so the investment bank that issued the statement also downgraded its rating.
Hopeless recovery
Crocs
Still taking measures to seek growth, but as the performance of profitability continues to deteriorate, it is also an inevitable thing for investment banks to sing, even if the free advertising of a little prince makes Crocs red, but it doesn't help.
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