Initiating Coverage on Crocs, Inc. (CROX) 11-12-09

CROX Reported Results for Q3 2009 and Guidance for Q4 09 - Inventories - New Credit Facility - Days Sales Outstanding - Gross Margin, Revenue and Channel Results - Geographical Results - SGA - Crocs Cares - Tax Benefit - Net Income - CROX Guidance and Commentary for Q4 and 201 - Summary Balance Sheet - Segment - Geography Tables - CROX Reported Results for Q2 2009 and Guidance for Q3 09 - Inventories Property and Equipment - Revolving Credit Facility - Capital Expenditures - Cash Flows from Operations - Cash Used in Investing Activities - Cash Used in Financing Activities - Guidance for Q3 09 - Revenue - Channel Performance - Geographic Performance - Customer Concentration - Gross Margin - SGA - Net Loss - Days Sales Outstanding - Inventory Turnover - Retail Outlets - Net Income - Summary Balance Sheet - Segment - Geography Tables - CROX Operating Strategy - Imagination Leadership Marketing - Rebuild the Wholesale Business, Improve Cash Position - Reduce Inventory - Refocus the Distribution Strategy - Improve Customer Service - Remain Product Centered - Recent Results and Valuation for CROX Comparables- DECK SKX WWW NKE - Summary Revenue Net Income Valuation Table - General Retail and Consumer Discretionary ETF Performance - SPDR SP Retail ETF by State Street Global Advisors - Consumer Discretionary Select Sector SPDR Fund by State Street Global Advisors - CROX versus Dow Jones US Footwear Index and Components - 1 Year and 3 Year Price Chart Comparing COMPX DJUSFT CROX NKE DECK TBL WWW - Illustration of Potential Cash Flows and Valuation - Revenue Gross Profit Net Income and Margin Performance 2002 – 3rd Quarter 2009 - Potential Cash Flows with Various Revenue SGA Margin Assumptions - Discussion of Model Variables Including Revenue Gross Profit SGA Taxes Net Income EPS - Quarterly Revenue Gross Profit Net Income and Margin from Q1 08 through Q4 09 Guidance - CROX Risks - CROX Operational Overview from 10-K -CROX Discussion of Raw Materials Manufacturing Sourcing, Distribution Logistics IP - Seasonality Completion Product Design Employees - Biography of CEO John Duerden - Murphy Analytics Disclosure and Disclaimers
  • Item #: CROX Initiation 11-12-09
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