When thinking of potential investments in the apparel or footwear industries, Nike and Lululemon Athletica likely to come mind. Nike has certainly long dominated the industry, while Lululemon is a fast-growing premium competitor. And they both have their own investment merits. 

Without question, however, Crocs (NASDAQ: CROX), a much smaller rival, is a shoe stock that needs to be on your radar if it isn't already. The unstoppable business just reported another strong quarter. And this momentum makes its shares look like a screaming buy right now. Let's take a closer look. 

During the three-month period that ended June 30, Crocs generated revenue of $1.1 billion, a quarterly record for the company. And adjusted diluted earnings per share (EPS) came in at $3.59. Both of these figures were up 11% year over year, and they exceeded Wall Street estimates. 

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Source Fool.com