Price: $24.9800
$0.41
1.669%
|
Day's High:
| $25.5
| Week Perf:
| -5.02 %
|
Day's Low: |
$ 24.00 |
30 Day Perf: |
-18.47 % |
Volume (M): |
23 |
52 Wk High: |
$ 32.38 |
Volume (M$): |
$ 577 |
52 Wk Avg: |
$22.44 |
Open: |
$24.57 |
52 Wk Low: |
$11.77 |
|
|
Market Capitalization (Millions $) |
185 |
Shares
Outstanding (Millions) |
7 |
Employees |
2,447 |
Revenues (TTM) (Millions $) |
462 |
Net Income (TTM) (Millions $) |
10 |
Cash Flow (TTM) (Millions $) |
-1 |
Capital Exp. (TTM) (Millions $) |
4 |
Rocky Brands Inc
We are a leading designer, manufacturer and marketer of premium quality footwear
and apparel marketed under a portfolio of well recognized brand names including
Rocky, Georgia Boot, Durango, Lehigh, Creative Recreation and the licensed brand
Michelin. Our brands have a long history of representing high quality, comfortable,
functional and durable footwear and our products are organized around six target
markets: outdoor, work, duty, commercial military, western and lifestyle. Our
footwear products incorporate varying features and are positioned across a range
of suggested retail price points from $49.99 for our value priced products to
$359.99 for our premium products. In addition, as part of our strategy of outfitting
consumers from head-to-toe, we market complementary branded apparel and accessories
that we believe leverage the strength and positioning of each of our brands.
Our products are distributed through three distinct business segments: wholesale,
retail and military. In our wholesale business, we distribute our products through
a wide range of distribution channels representing over 10,000 retail store
locations in the U.S. and Canada as well as in several international markets.
Our wholesale channels vary by product line and include sporting goods stores,
outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass
merchants, uniform stores, farm store chains, specialty safety stores and other
specialty retailers. Our retail business includes direct sales of our products
to consumers through our e-commerce websites and our Rocky outlet store. We
operate four mobile trucks to service the New York Transit Authority’s
employees. We also sell footwear under the Rocky label to the U.S. military.
We intend to increase our sales through the following strategies:
Expand into new target markets under existing brands. We believe there is significant
opportunity to extend certain of our brands into our other target markets. We
intend to continue to introduce products across varying feature sets and price
points in order to meet the needs of our retailers.
Cross-sell our brands to our retailers. We believe that many retailers of our
existing and acquired brands target consumers with similar characteristics and,
as a result, we believe there is significant opportunity to offer each of our
retailers a broader assortment of footwear and apparel that target multiple
markets and span a range of feature sets and price points.
Expand business internationally. We intend to extend certain of our brands into
international markets. We believe this is a significant opportunity because
of the long history and authentic heritage of these brands. We intend on growing
our business internationally through a network of distributors.
Increase apparel offerings. We believe the long history and authentic heritage
of our owned brands provide significant opportunity to extend each of these
brands into complementary apparel. We intend to continue to increase our Rocky
apparel offerings and believe that similar opportunities exist for our Georgia
Boot and Durango brands in their respective markets.
Acquire or develop new brands. We intend to continue to acquire or develop new
brands that are complementary to our portfolio and could leverage our operational
infrastructure and distribution network.
We believe that product innovation is a key competitive advantage for us in
each of our markets. Our goal in product design and development is to continue
to create and introduce new and innovative footwear and apparel products that
combine our standards of quality, functionality and comfort and that meet the
changing needs of our retailers and consumers. Our product design and development
process is highly collaborative and is typically initiated both internally by
our development staff and externally by our retailers and suppliers, whose employees
are generally active users of our products and understand the needs of our consumers.
Our product design and development personnel, marketing personnel and sales
representatives work closely together to identify opportunities for new styles,
camouflage patterns, design improvements and newer, more advanced materials.
We have a dedicated group of product design and development professionals, some
of whom are well recognized experts in the footwear and apparel industries,
who continually interact with consumers to better understand their needs and
are committed to ensuring our products reflect the most advanced designs, features
and materials available in the marketplace.
Company Address: 39 East Canal Street Nelsonville 45764 OH
Company Phone Number: 753-1951 Stock Exchange / Ticker: NASDAQ RCKY
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Customers Net Income grew by |
RCKY's Customers Net Profit Margin grew to |
12.46 % |
3.59 %
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Stock Performances by Major Competitors |
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Rocky Brands Inc
As a financial analyst for the , I have been closely monitoring the conflicting financial results of Rocky Brands Inc for the fiscal year ending December 31, 2023. While there are some ups and downs in the earnings and revenue figures, there are also positive highlights to consider. One notable point is that the company's earnings per share improved by 1.03% to $0.90, despite a dwindling Revenue of -9.273% to $126.04 million year on year. This shows that Rocky Brands Inc has been able to improve its bottom line even in the face of a decline in revenue.
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Dividend
Published Tue, Feb 20 2024 9:05 PM UTC
Rocky Brands, Inc. Declares Quarterly Dividend of $0.155 per Share for Q1 2024 NELSONVILLE, Ohio - Rocky Brands, Inc. (NASDAQ: RCKY) has announced that its board of directors has declared a quarterly cash dividend of $0.155 per share of outstanding common stock. This dividend will be paid on March 18, 2024, to all shareholders of record as of the close of business on Mar...
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Dividend
Published Wed, Nov 15 2023 9:05 PM UTC
Rocky Brands, Inc. (NASDAQ: RCKY), a leading footwear and apparel company based in Nelsonville, Ohio, declared a quarterly cash dividend of $0.155 per share of outstanding common stock. The dividend will be paid on December 15, 2023, to all shareholders of record as of December 1, 2023. The announcement comes as the company continues to demonstrate a strong financi...
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Rocky Brands Inc
Rocky Brands Inc, an apparel, footwear, and accessories company, recently released its financial results for the third quarter of 2023. Despite a significant decrease in revenue, the company showed positive growth in profits, earnings per share (EPS), and operating income. In addition, Rocky Brands Inc highlighted improvements in profit margins and a decline in inventories. This article will analyze the key facts and put them into perspective, considering recent stock performance. Financial Results Highlights: - Profits for Q3 2023 increased by 20.78% to $0.93 per share, compared to $0.77 per share in the same period last year. - EPS turned positive, rising from $-0.37 per share in the preceding reporting period to $0.93 per share in Q3 2023. - Revenue decreased extensively by -14.881% to $125.54 million from $147.49 million in the same reporting period a year ago. - Sequentially, revenue improved by 26.078% from $99.57 million. - Bottom-line showed a 19.96% increase with net earnings of $6.827 million in Q3 2023, compared to $5.691 million in the same period last year. - Net margin rose to 5.44% in Q3 2023, and operating margin edged up to 11.37%. - Inventories declined to $194.7 million in the Apparel, Footwear & Accessories company compared to the previous quarter and the same period last year. - Operating earnings rose by 22.83% to $14.279 million. - Accounts receivable value remained below the previous year level but showed some progress sequentially. - The company is expected to report its next financial results on March 9, 2024.
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Rocky Brands Inc
Rocky Brands Inc Faces Challenges as Deficit Deepens and Revenue Fades Investors in Rocky Brands Inc have cause for concern as the company's financial performance for the period ending June 30, 2023, has shown a significant decline. The company's deficit per stock has surged to -$0.37 per share, compared to the previous year's $0.12 per share. This represents a deterioration from the prior reporting period's deficit of -$0.05 per share. The revenue for this period has also experienced a decline, with a staggering -38.551% drop to $99.57 million from the $162.04 million reported in the corresponding financial reporting period a year earlier. Additionally, there has been a sequential deterioration in revenue of -9.845% from $110.45 million.
|
Per Share |
Current |
Earnings (TTM) |
1.41 $ |
Revenues (TTM) |
62.43 $
|
Cash Flow (TTM) |
- |
Cash |
0.6 $
|
Book Value |
30.23 $
|
Dividend (TTM) |
0.62 $ |
|
Per Share |
|
Earnings (TTM) |
1.41 $
|
Revenues (TTM) |
62.43 $ |
Cash Flow (TTM) |
- |
Cash |
0.6 $
|
Book Value |
30.23 $ |
Dividend (TTM) |
0.62 $ |
|
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