Rachel Warren
👤 PersonAppearances Over Time
Podcast Appearances
I think if you're an investor,
that's looking for a well-funded dividend.
Maybe this is a business that's intriguing, but certainly lagging behind its peers like Walmart and many others.
I mean, we talked about a few weeks ago how Target wasn't exactly forecasting generous growth expectations for the Black Friday season, which as we know is a really key growth area for a lot of retailers.
So I think how they implement these changes in the next few years is going to be key.
And I think there's still a lot of questions about what that's going to look like.
I do think they could make a comeback.
How they execute is key, though.
And this is a stock I'm watching with, I think, a fair amount of caution, like a lot of investors right now.
I will note with Crocs, they have had their fair share of rebrands over the years.
They nearly went bankrupt following the 2008 financial crisis.
They successfully restructured their operations.
They began what they called their chic comeback era around 2016.
This was because they basically...
entered into a range of different high-profile collaborations with various fashion designers like Balenciaga, Christopher Kane.