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Crocs Stock Rises on Earnings, Revenue Beats Despite Supply Chain Warnings

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Crocs released its first-quarter financial report Tuesday morning, sending its stock rising on revenue and earnings beats. However, doubts regarding the supply of its classic clog styles in the second quarter have tempered expectations. In a Nutshell: When early trading began on Tuesday, Crocs stock rose nearly 8 percent to $30.70 from $28.33. However, once…

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