Share Crashes: Crocs Company Suffers From Us Import Tariffs
4 Articles
4 Articles
The manufacturer of the famous plastic footwear anticipates a decrease in its global turnover from 9 to 11% in the third quarter, due to "the uncertainty associated with the evolution of world trade policy".
In two days the title collapses of 33%, fears on the sales
US tariffs also affect American companies. Crocs, the manufacturer of the world-renowned rubber clogs, anticipates millions of heavy loads and a significant decline in sales. The share slipped.[more]]>
The decrease in revenues announced by the company has brought the shares to the minimum for three years. The company points the finger against Trump's tariffs: .Creano continues uncertainty. L.A. also recognizes a new wind in the trends
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium