ST. LOUIS, Nov. 12, 2009 (GLOBE NEWSWIRE) -- Murphy Analytics (MA) has initiated coverage on Crocs, Inc. (Nasdaq:CROX) in a report entitled "Revenge May Be a Dish Best Served Soled." The 22 page MA Opportunity Report contains a detailed discussion of the CROX current and historical financial results, operating strategy, comparables, relevant index performance, and potential cash flow scenarios driven by differing revenue and margin assumptions. The MA Opportunity report is available for a purchase price of $25 at: http://www.murphyanalytics.com/MA_Opportunity_Report.html.
Analyst Patrick J. Murphy, CFA notes in the report: "Since inception, CROX has delivered $2.6 billion in revenue with $41 million in cumulative net income and the market has punished the stock accordingly. However, $510 million in year to date revenue, with 9.5 million units sold in Q3 alone, is compelling evidence of a brand with the potential for staying power. The fact is that the shoes are comfortable and durable, much of the world knows about them and some people like them. Recent sales performance seems to imply that the brand has survived and CROX appears to have another chance to re-build an enduring and profitable business."
About Murphy Analytics
Murphy Analytics is an independent investment research firm providing coverage of microcap and smallcap stocks. Previous Murphy Analytics reports are published at http://www.murphyanalytics.com/Covered_Companies.html. MA Opportunity Reports are designed to provide a comprehensive understanding of a company's business model, progress, prospects, target markets, competitors and potential earning power. The MA Opportunity Report does not contain ratings or recommendations, but rather is intended to serve as a tool to help readers conduct a more fully informed analysis.
Disclosure: Crocs, Inc. has not reviewed this report for factual accuracy. Neither Murphy Analytics (MA) nor the analyst owns or trades the shares of covered companies. The views expressed in the report represent only the opinion of the analyst and MA. MA Opportunity Reports are funded by the purchase of the reports via the MA website. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. MA provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. This report is neither a solicitation to buy nor an offer to sell securities and is to be used for informational purposes only and should not be used as basis for investment decisions. MA is not an investment advisor or broker/dealer and this report does not provide investment advice. No part of the MA Opportunity Report may be copied or distributed without prior written consent from Murphy Analytics LLC.