Mitchell Scott, Founder and Portfolio Manager at Choice Equities Capital Management, joined the podcast to make the case that Crocs, Inc. (NASDAQ: CROX) is not a fad.

For more information about Choice Equities Capital Management, please visit: https://choice-equities.com/

Chapters:

[0:00] Introduction + Episode sponsor: Stream by Alphasense

[1:36] What is $CROX, why is it interesting to Mitchell and $CROX growth story

[4:50] What is Jibbitz, patent protection on the product and consumer trends using the product

[8:22] $CROX valuation

[12:16] $CROX bear case and response

[16:44] Why aren't there more Crocs knock-offs

[17:40] Is $CROX just a COVID beneficiary and Crocs brand power

[22:01] Crocs core customer and fashion/age out risk

[25:04] HEYDUDE acquisition, go-forward with management's strategy around the brand, average customer of HEYDUDE shoes, knock off problem and why would one need multiple pairs of them

[34:19] How do overcome the bears $CROX worry that Crocs (and other brands $CROX owns) turns out to be a fad

[38:45] Why is $CROX the best buyer and owner of HEYDUDE?

[41:00] Endgame for $CROX / apparel line in the future?

[44:17] Final thoughts on $CROX: shifting HEYDUDE wholesale channel, worry about inventory buildup and this year's earnings

Today's episode is sponsored by: Stream by Alphasense

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Choice Equities' Mitchell Scott making the case that $CROX is not a fad

Yet Another Value Podcast