When a big fail happens it is reflexive to maybe take a shot... BIRK Birkenstock Holding Limited $40.20-5.80 (-12.61%)4:00 PM 10/11/23 NYSE | $USD | Pre-Market: $40.41 +0.21 (+0.52%) 8:36 AM I understand the logic but look at CROX. Wow!!!! This was $120 and even kissed $140 and it is... $88 or so WOW!!!!//// I know the NIKE stuff but all of footware crashed? With BIRK now being the most expensive shoe brand stk now on the market I wonder if we don't flip our thought process and blindly buy CROX here? A certain valuation may be set thanks to BIRK and it may highlight how much CROX has sold off... I'm not a Crox fan myself so this is tough to do...
Stoney my sisters wore birks in the 70s. I never could afford one Poor we were. Edited maybe cheap hush puppies? Instead of Izod alligator, JC Penny or Sears little lizard.
I always made fun of folks who wore BIRKS it was very hippy dippy. They do these collabs though and I did get a pair a fuzzy pair I really like. they were super expensive. CROX Crocs, Inc. $86.58-0.36 (-0.41%)4:00 PM 10/11/23 NASDAQ | $USD | Pre-Market: $87.06 +0.48 (+0.55%) 8:40 AM
CROX Latest Quarter's Earnings Announce Date 7/27/2023 EPS Normalized Actual $3.59 (Beat by $0.61)<--------- EPS GAAP Actual $3.39 (Beat by $0.64)<-------- Revenue Actual $1.07B<-------------- Revenue Surprise Beat by $29.23M<-------- And stock crushed-?
There was no volume to speak of behind their elevated level anyway. I think the Q's had 600K shares traded before the CPI came out.