Large swaths of the stock market continue to get clobbered by a myriad of issues related to inflation, higher interest rates, and the general aftermath from pandemic-disrupted supply chains in the recent past.

Crocs (NASDAQ: CROX) is one of those companies the market is dragging through the mud. Unfortunately, investors do have a point. Its execution in the last couple of years hasn't been ideal, and the balance sheet is still messy after the $2 billion acquisition of once-fast-growing casual shoe brand HeyDude in early 2022.

With business overall now staring down a period of contraction, is the investment thesis in Crocs stock busted?

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Source Fool.com