RCKY Stock Recent News

Rocky Brands (RCKY) delivered earnings and revenue surprises of -56.41% and 11.17%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced that the company will release its financial results for the second quarter ended June 30, 2022, after the market close on Tuesday, August 2, 2022. Management will host a conference call that afternoon (August 2, 2022) at 4:30 p.m. ET to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial (877) 704-4453 (domestic) or (201) 389-0920 (international). T

Rocky Brands (RCKY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Rocky Brands Inc (NASDAQ:RCKY) is a small-cap footwear company valued at a market cap of $250 million.

Rocky Brands (RCKY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Rocky Brands, Inc. (NASDAQ:RCKY ) Q12022 Earnings Conference Call May 3, 2022 4:30 PM ET Company Participants Brendon Frey - ICR, Investor Relations Jason Brooks - CEO Tom Robertson - CFO Conference Call Participants Alec Legg - B. Riley Mackenzie Boydston - BTIG Jonathan Komp - Baird Rob Shapiro - Singular Research Operator Good afternoon, ladies and gentlemen.

Net sales up 90.5% YoY but net income down 6.8% YoY. 2022 outlook raised to sales increase of 21% - 24% from 16% - 19%.

Gains from direct-to-consumer channel and brand strength are likely to aid Rocky Brands' (RCKY) first-quarter 2022 sales. However, supply-chain disruptions are concerning.