Step up to Crocs (CROX)
by Mike Cintolo, editor Cabot Top Ten Trader
Crocs (CROX) has been making shoes from Croslite, its proprietary closed-cell resin, for more than 10 years, and with more then 100 million pairs of shoes sold, the company is thriving.
One reason is geographic expansion; the shoes are now sold in more than 125 countries, with the U.S. accounting for 48% of revenues, Asia 36% and Europe 16%.
The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.
