Rowe Companies(OTC) ROWC

The Rowe Companies, Inc. specializes in manufacturing and marketing home furnishings across the United States. The company operates through two primary divisions: Wholesale Home Furnishings and Retail Home Furnishings, offering a diverse range of upholstered and leather furniture products.

Products and Services

• Wholesale division designs and produces upholstered items like sofas and chairs
• Retail division offers case goods, dining sets, rugs, and home accessories
• Products available through retail outlets, catalogs, and online platforms

Growth Outlook

• Recent revenue of $67.7 million indicates strong market demand
• Gross profit margin of 33.5% reflects effective cost management
• Operating income of $7.0 million shows potential for profitability

Financial Highlights

• Trailing twelve months (TTM) revenue of $267.5 million demonstrates consistent performance
• Current ratio of 1.71 indicates strong short-term financial health
• Net income margin of -0.07% suggests room for improvement in profitability

The Rowe Companies, Inc. has a long-standing history in the home furnishings industry, originally established in 1946. The company has undergone significant changes, including a rebranding in 1999 and a Chapter 11 reorganization in 2006. Despite past challenges, the recent financial data indicates a potential for recovery and growth. The company’s diverse product offerings and established market presence position it well for future opportunities in the consumer cyclical sector. Investors may find interest in the company's ability to leverage its operational strengths and navigate market dynamics effectively.