Crocs Shares Have Surged Nearly 2,000% Over the Last Five years
- Footwear retailer has managed to navigate supply chain snarls
- CEO says stock has risen with fundamental improvements
Photographer: JB Reed/Bloomberg
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One of the stock market’s best-kept secrets makes rubber-like shoes.
Shares of Crocs Inc. have soared nearly 130% so far this year, bringing its five-year rally to over 1,900% and dominating the S&P 400 consumer discretionary sector’s 85% gain over that span. By comparison, Tesla Inc. -- best known for its seemingly rocket-fueled gains, as well as its vocal chief executive -- has soared about 2,100% in that period.