RCKY Stock Recent News
RCKY LATEST HEADLINES
The Shoes and Retail Apparel industry looks poised for growth on product innovation, robust demand trends and digital growth amid elevated operating and input costs. Companies like RCKY, NKE, ADDYY and SKX are positioned well.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Increased profitability, product improvement, and reduced inventory levels land Rocky Brands (RCKY) stock a Zacks Rank #1 (Strong Buy) and the Bull of the Day.
Rocky Brands (RCKY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Rocky Brands (RCKY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
TZOO, APOG and RCKY made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 21, 2023.
Rocky Brands has potential operational synergies and cost savings opportunities, which could lead to free cash flow growth. The company has been selling off brands, which could increase cash or reduce debt. Expanding existing brands into new markets could also contribute to net free cash flow growth.
Rocky Brands, Inc. (NASDAQ:RCKY ) Q2 2023 Earnings Conference Call August 1, 2023 4:30 PM ET Company Participants Brendon Frey - ICR, IR Jason Brooks - Chief Executive Officer Tom Robertson - Chief Operating Officer Sarah O'Connor - Chief Financial Officer Conference Call Participants Ethan Saghi - BTIG Jeff Lick - B. Riley Financials Operator Good afternoon, ladies and gentlemen, and thank you for standing by.
Rocky Brands (RCKY) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to earnings of $0.34 per share a year ago.
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