Hold On to Your Crocs

REPLAY VIDEO
Your next video will start in
Pause

Recommended Videos

  • Info

  • Comments

  • VIDEO TEXT

July 29 (Bloomberg) -- Piper Jaffray's Erinn Murphy discusses her outlook for Crocs and her investment ideas with dam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)

? time for the next big trade.

In spite of last week's disaster, the earnings report, the analyst to occur estimates down twice the head of the quarter but she maintained a buy rating.

People get stuck with you, there are down 20%. how long will it take to make the money back.

The company is in a multi- year process of recreating the brands from the classification business and really diversifying into a global ft we're offering that as more lifestyle oriented.

We believe the numbers that the management team reduced are believable at this point and we would look at the stock.

The numbers to start to move higher.

It will take a couple of quarters to gain back some confidence.

We don't get back to $1.40 until 2015. i am more optimistic than that.

You have a fairly established japanese business that is getting hit by the adverse impact of the yen.

We are optimistic that we're starting to see a broader recovery.

We think it should help as we get to next year.

Asia is a big part of their business equal to north america.

What is the demographic for who wears these?

The business has been built around the family, a female consumer and potentially her husband.

It is a compelling piece of the business.

17% as diversified away towards the sneaker.

The u.s. is closer to 50%. they certainly have plenty of colors.

This text has been automatically generated. It may not be 100% accurate.

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change