Why Crocs Inc. (CROX) Went Up on Thursday

We recently published a list of 10 Firms Post Double-Digit Gains on Thursday. In this article, we are going to take a look at where Crocs Inc. (NASDAQ:CROX) stands against other firms that posted double-digit gains on Thursday.

Wall Street’s main indices finished in the green territory on Thursday, as investors cheered President Donald Trump’s reciprocal tariffs–but not right away.

The Dow Jones rose 0.77 percent, the S&P 500 increased 1.04 percent, while Nasdaq jumped 1.50 percent.

Ten companies mirrored a broader market optimism, clocking in double-digit gains. In this article, we will explore the reasons behind their impressive performance.

To come up with Thursday’s top gainers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

A busy retail store full of customers trying on a wide range of footwear.

Crocs Inc. (NASDAQ:CROX)

Crocs saw its share prices jump by 23.89 percent on Thursday to end at $110.05 apiece as investors cheered its impressive earnings performance last year.

In a statement, CROX said net income jumped 25 percent to $368.9 million from $253.6 million in the fourth quarter of the year, while net profit last year increased 20 percent to $950 million from $792 million in 2023.

Revenues for the quarter inched up by 3 percent to $989.7 million from $960 million year-on-year, while revenues for the full year rose 3.5 percent to $4.1 billion from $3.96 billion year-on-year.

For full-year 2025, CROX CEO Andrew Rees said the company expects to book another year of revenue growth, ranging between 2 to 2.5 percent.

It also set capital expenditures between $80 million to $100 million this year.

Overall, CROX ranks 6th on our list of firms that posted double-digit gains on Thursday. While we acknowledge the potential of CROX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CROX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.