Moronic-looking "Crocs" shoe company in freefall...

[El Pinko]

http://online.wsj.com/article/SB120826995835616217.html?mod=yahoo_hs&ru=yahoo

Crocs Swoons on Lowered Guidance
By Emily Flitter
Word Count: 482 | Companies Featured in This Article: Crocs, Deckers Outdoor, Novatel Wireless, Emulex, EMC, Brocade Communications, Qlogic, Affymetrix, Illumina
Crocs stock plunged Tuesday as investors responded to a reigned-in outlook for the year. The markets broadly turned lower as anxiety took hold on Wall Street over record crude-oil prices.

The Dow Jones Industrial Average lost 29.23 points, or 0.2%, to 12274.86, while the Nasdaq Composite Index lowered 7.05 points, or 0.3%, to 2268.77. The S&P 500 fell 3.74, or 0.3%, to 1324.58.

Shares of Crocs, the specialty footwear maker, dropped 40% on the Nasdaq Stock Market after the company announced late Monday that it was lowering its earnings and revenue guidance for the current quarter and ...


Shockeroo. And I thought Crocs would the the standard footwear for the next 30 years or so. :sarcasm:

[Fox Mulder]

1. Thank the gods.

Those are the ugliest shoes I have ever seen.

[Warpy]

2. It was that picture of Stupid wearing Crocs

with his official presidential seal socks. I knew then that the fad was over.

Nurses love Crocs. I'd advise all my colleagues who are still working to stock up on the suckers.

[madokie]

5. Not only the Nurses, so do I

socks and all;-) too

[Warpy]

Please don't wear them with shorts like Stupid did

I mean, that's just plain tacky.

[uppityperson]

14. He really wore them? I missed that picture. Too funny.

[krispos42]

21. Yeah, he did. Here's the proof...

POTUS socks and all

:wince:

[uppityperson]

24. Looking at subject line, should I click on message or not?

doofus

[merh]

25. OMG

that is horrific -

no wonder the stocks plummeting - he destroyed the image for those shoes forever.

[eShirl]

40. is that an above-the-knee skirt?

sure looks like it

[Retrograde]

44. presidential seals on his socks!!??

What doesn't he put that seal on? (No, I really don't want to know, thankyouverymuch)

Insecure, much?

[krispos42]

83. He probably has POTUS condems

Sadly, still unopened

:evilgrin:

[trof]

45. Aw jeez. SOCKS with the presidential seal?

:rofl:

[SoCalDem]

56. His underwear probably has the seal on them too

and "front" & "back"

[hyphenate]

79. And his name

and location of his cabin at Camp Gimme Gimme. :)

[krispos42]

84. On the front they say "front"...

...and on the back they say "not the front"

[Kitty Herder]

80. I should NOT have looked at that. I just sprayed water all over my monitor.

:spray: :rofl:

What a clown!

[Mojorabbit]

16. I love mine

they are the most comfortable shoes I have ever owned. Hubby, the doc, loves his too. He is on his feet all day and they keep his feet from aching.

[pansypoo53219]

30. know what's comfortable?

no shoes. and yes, i have been barefoot in a hospital. so far, nobody has told me i need shoes.

[knitter4democracy]

71. Doctors and nurses have to wear shoes.

They don't want any accidental needle sticks. Stuff gets dropped or thrown on the floor during a procedure, especially a code. You don't want to step on that without shoes on.

[yardwork]

50. When I saw that photo I vowed to never, ever wear Crocs.

Everytime I see them in my local Whole Foods I remember that photo of the chimp in Crocs.

[knitter4democracy]

70. Hubby loves them, too. It's all he'll wear for work.

Since he's on his feet all day at the office and then goes back and forth to the hospital, he needs really comfy shoes. Ever since switching them them, his feet don't hurt anymore at the end of the day.

[Stinky The Clown]

73. Not just nurses, Warpy ..... we old guys love 'em, too.

My DIL is a nurse and she turned me on to them.

I love them because I can even step in dog shit and just hose them clean.

They're comfortable, too.

Note, however, that I routinely wear clogs .... some that look like backless sneakers, some that look like backless shoes.

None, however are, orange.

[Johonny]

3. my petrock stock

will rebound!!!!!!

[Kittycat]

4. Good, maybe they'll drop the price.

What I like about them is that they fit nicely over my son's SMOs (foot/ankle braces). It's really hard to find anything to go over them, and so far it's just New Balance XW tennies... Not exactly good on a hot summer day, when his feet are already wrapped in unbreathable plastic.

Plus I want a pair to dirty up in the garden for myself, LOL.

[ET Awful]

7. What I like about them is there is no better footwear to wear around the back yard

after a long day of having your feet bound up in some kind of torture device.

Well that and that many of them are still made in the USA or Canada (sadly they've outsourced some of it to China now).

Any shoe that only weights a few ounces, has sufficient arch support and can be shoved in the bottom of a backpack for after-hiking wear is alright by me :)

[AlCzervik]

13. and thats where they belong, in the garden, it's the people that wear them everywhere

with matching colors for their whole family that has ruined those shoes.

[Mojorabbit]

17. LOL

I am old and no longer care what people think of how I dress. Age has it's benefits!

[pink-o]

Here here!!!

Do you remember wearing horribly uncomfortable clothes and shoes when you were young? You'd go to a party and be self-conscious and in pain all night.

I'm 6'1" and I actually wore platform shoes in the 70s! I bumped my head on every doorway in London when I lived there.

After that, I swore I'd never even wear small heels, and have kept to my word. Crocs might be ugly, but believe me, young people, you gotta pamper your feet. You wanna be able to walk when you're in your 80s you have to start being kind to your dogs right now!

[Mojorabbit]

64. Yes I do

I wore platforms too and pointy heel pumps and strappy 3 inch sandals. I now go barefoot most of the time but when I go out I slide on the crocs. I only wear loose flowing clothes. Comfort is my mantra.

[dixiegrrrrl]

66. so glad to hear you say that..

I thought I was the only one who couldn't stand form fitting clothes.

the Freedom of being "a certain age"..ahhhhhhhh B-)

[librechik]

26. yeah, damn it!

on soggy grass, there is nothing better!

gotts to say, I wish the knucklehead had been wearing Nikes instead, bastard. Ruined my whole year!
Again! I had to save up for those damn shoes!

[galledgoblin]

60. I haven't seen any made state-side, and the website doesn't

list country of origin on any of the styles :(
http://www.crocs.com/

[ET Awful]

77. My GF has a pair that she swears said "Made in the USA" before the tread wore off

:P

[LibGranny]

82. Crocs country of origin

I have several pair of crocs - some made in Canada and some made in Colorado and I can attest to the fit being different! The Canadian made shoes fit better - just my 2 cents. BTW - I was introduced to these "shoes" by my daughters - both are nurses and like coming home from work and tossing them into the washer along with their scrubs. A quick swipe with armor all soaked cloth and they look like new.

[mod mom]

68. I've got two kids on swim team and they're great for that as well. I only bought Canadian made

cocs (never saw any US made ones. I refuse to purchase China made items.

[tammywammy]

67. I was thinking of picking up a pair for when I'm working in the yard

A coworker had on a cute pair of sandals the other day and they were Crocks.

Plus, I saw they had some thong style flip flops, I might buy a pair, because I wear flip flops all the time, except when at work.

[slampoet]

6. i saw Crocs in the dollar store a week ago.

They have been over for a while.

[ladywnch]

9. not trying to start a fight here but where they real crocs or another

knock-off of them. There are quite a few knock-offs out there. did they actually have the croc name? Again, not trying to start a fight, just want to be certain that we are taking apples to apples and not apples to pears.

[slampoet]

15. If the knockoffs are in the dollar store the trend is over too.

The point is moot.

[proud2BlibKansan]

37. But the knockoffs are not the least bit comfortable

The real ones are much better and worth the extra cost.

[knitter4democracy]

72. I've found that, too.

I got some for me at Meijers that were knockoffs, and they're nowhere near as nice or as comfy. I'm going to get myself another pair or two to stock up. The kids don't seem to mind the knockoffs, but my son loves his Crocs rainboots to death, and I want a pair, too. I should get them soon, huh.

[ladywnch]

47. I wasn't disputing that, I was just asking. but thank you for at least

using 'moot' instead of 'mute' like so many here do.

[AlCzervik]

8. crocs make my Birks look fashionable.

[shanti]

19. i'll never give up my birks!

they'll never be fashionable, but i don't care. at 52, comfort rules now! :hi:

[AlCzervik]

23. yup me too---no matter how much my friends/family mock me. My orthopedic

surgeon recommended them to me, those and running shoes "Walking sneakers are useless, running shoes, even if you never run they are much better for your feet" and damn if he wasn't right.

I don't know if you have a Nordstrom's rack near you but it's Nordstrom's kind of outlet store and they always have Birks, last years colors but hey for $40 a pair who cares?

[shanti]

43. yup

the rack is great! i'm into 'comfort' shoes and they always seem to have lots. i don't care about 'past season' either.

you should check out birks on ebay and sierratradingpost.com. they have good prices on them!

[LeftyMom]

74. That's where I get my New Balance sneakers. $30-50 for american made vegan shoes that fit.

Can't beat it.

Caveat: Some NBs come from China, and some are leather. I read labels. Well worth it when getting them online is 2 or 3x the price.

[SoCalDem]

58. Earth shoes forever & the Dr. Scholls wooden ones

love 'em..

My son is getting married next moneth & now I have to buy a pair of REAL shoes..eeeeeek...

[shanti]

75. used to wear both!

:hi: congrats on your son's marriage!

[OmmmSweetOmmm]

27. ..........

:rofl:

[cloudbase]

10. Reigned-in, eh?

[Tommy_Carcetti]

11. We need something to look nostalgic upon the 2000s

Why can't crocs be that thing?

VHI I Love the 2000s will get some good mileage out of it.

[ladywnch]

12. interesting, since they have beeing going through a hiring surge

as of late. They've had about a dozen jobs posted recently for just about every type of postion.

[jakefrep]

54. Hiring employees is a good way to kill your stock price anymore

nt.

[Clear Blue Sky]

18. Cheap and comfortable.

They over expanded, making all kinds of footwear. If they stuck to their original shoe, they might be doing better.

It's the over expansion beyond what made them successful in the first place that kills these companies.

[shanti]

20. sort of like

what happened to the "jelly" shoe.

[Clear Blue Sky]

63. Another "flash in the pan".

[provis99]

22. vastly overpriced, ugly shoes

I never understood why people would pay $60+ for the ugly things, when it costs the company less than 25 cents to make a pair. You just squirt some cheap plastic through an injector, and they're done in three seconds. The knock offs you can buy for a dollar at the dollar store are just as good, and just as ugly, too.

[ET Awful]

32. I have NEVER seen a pair of Crocs that cost over $60. Never.

The average price is $29.95 There are a few models that cost more (usually ones that have some kind of "special feature")

[proud2BlibKansan]

38. They cost $30 and the knockoffs are NOT just as good

[NancyG]

28. Moved to Crocs when Birkenstock stopped making purple Super Birkies

When I do art shows, I stand all day. Crocs are great.

I'm one of those Women of a Certain Age that can now do whatever I damn well please. First shoe I ever bought in lots of colors. Bright red hair on top and bright Crocs on bottom, with all black clothes in between. It's my signature.

[Lex]

29. I'm sort of surprised how torq'ed out people get about what shoes

other people wear. :shrug:

[Quantess]

42. Oh you have no idea, my dear!

Just don't wear these on the first 5 dates, and you should be fine.

[yardwork]

52. If it's the chimp doing the wearing, I care.

I'm shallow, but...there it is. :evilgrin:

[madinmaryland]

31. Funny, but my wife and I were talking on Sunday and they had an infomercial

on about starving children in Africa, and for a "small" donation, you could give five kids a pair of crocs (bright red).

Even though it is a horrible situation, the thought of all those little kids wearing bright red crocs struck us a funny.

:shrug:

[ieoeja]

48. It struck me as incredibly dangerous for the children.

We have a bunch of refugee children fleeing persecution. So let's give them bright red footwear. That should make it more difficult for the persecutors to single them out.

For a sec' I did laugh when I first saw it. But then the law of unintentional consequences reared its ugly head. While they're at it, maybe they could give them some bright yellow T-shirts sporting red bulls-eyes.

[madinmaryland]

53. We thought it bizarre at first, but actually the shoes themselves

would probably be good for them, based on the climate conditions there, and they are easy to clean.

Now the whole idea of bright red, well might not be such a good idea.

[kestrel91316]

33. Aren't Crocs made of tacky plastic in gaudy colors?

I wear Dansko leather clogs. Same clog form, petrochemicals limited to the sole. Very comfy, and they last for years. Oh, and I have a BROWN pair, to be joined this fall by a black pair. My last pair lasted for 7 years of nearly daily use.

I have seen lime green Crocs, IIRC. No wonder they're in trouble. WTF are they thinking??

[XOKCowboy]

34. Crocs has donated millions of pairs of shoes to...

impoverished people in Africa and around the world. They may be ugly but they try to do the right thing.

[zalinda]

39. And, they are trying to recycle them too

to make pairs for impoverished people. Cool idea.

I can't afford Crocs, but wear the knock offs all the time. Spent $80 of walking shoes and after about 2 hours of wear my feet are killing me. Knock off crocs are comfy no matter what socks I wear with them, thick or thin.

zalinda

[Midlodemocrat]

35. They are not that attractive, but amazingly comfortable.

I have plantar fasciitis and they are about the only actual shoes I can wear for any length of time.

[kwassa]

36. I LOVE MY CROCS!!!!

I work on my feet all day, and put them on when I come home. The high-density foam feels great on the soles of my feet, and they are very light-weight, despite their bulky look.

[emilyg]

41. I love my Crocs.

Comfy.

[Crabby Appleton]

46. After a hard day of presidentin'

[noonwitch]

49. You can wear them when you go into the water at stony beaches

Maybe it's just a great lakes thing, but the beaches have lots of stones and rocks. If you wear crocs, you can walk over them without cutting your feet.

[DadOf2LittleAngels]

51. Crocks are a godsend

when one is potty training their kids! The only thing worse than having to pre-treat soiled cloths is having to do it to their shoes as well

[underpants]

55. THEY GET CAUGHT UP IN ESCALATORS

Where have you all been for the last 6 months?

[trotsky]

78. I heard Laura Branigan wore them, too. n/t

[HiFructosePronSyrup]

57. I think they're good for gardening.

:shrug:

[LanternWaste]

59. Now, if only the same thing were to happen to....

Now, if only the same thing were to happen to flip-flops worn at work, the majority of any and all gripes I have with contemporary fashion would be over and one with... :)

[Dukkha]

61. never seen prison footwear this expensive

and no surprise white yuppies loved them

[joe_sixpack]

62. Man, I'd thought that stock was a sure thing,

I mean just look at Hush Puppies shoes, or Keds. Anyone remember PF Flyers?

[Lorien]

65. Ugliest footwear EVER!

A business associate and I met for a dinner meeting at one of the Epcot pavilions last week. It was spring break, so the tourists were swarming all over Disney world-and probably 30 percent or more were wearing crocs! My associate remarked on how hideous the shoes are, and she said that she had tried them once and found them to be terribly uncomfortable. We were waiting for her assistant (who had gone to her hotel room to change shoes) to arrive. The assistant strode into view, wearing a khaki and white business suit with a black blazer, and sporting hot pink crocs as footwear! Now granted, she was surrounded by similar footwear-but those people were also wearing sloppy t-shirts and shorts. Meeting business associates while wearing crocs, well...??? Needless to say, I won't be sad to see an end to the trend, though I hope that they are recycleable. Theres already enough to fill quite a few landfills out there!

[GoneOffShore]

69. Huzzah!!

Crocs - a toxic waste dump for your feet.

[xchrom]

76. god -- i HATE those buttugly things. -- may they go the way of the dinosaur. nt

[Kitty Herder]

81. I hate those things. They make my feet sweaty, even with those holes in 'em.