$Crocs(CROX)$ Crocs falling on tariff news. Here's why I think the market is wrong:
- Crocs source only 28% of their products from China. This pales in comparison to other retailers where they can source 40%+ from China
- Their industry leading margins gives them room and flexibility to swallow the tariffs without the need to pass on cost to consumers
Out of all the retailers, Crocs will be the one that will be least affected by tariffs
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