RCG on upgrade path after acquisition

RCG has surged to a record high on expectations brokers will upgrade the stock following two business acquisitions.

Footwear retailer RCG Corporation (RCG) surged to a record high on expectations of broker earnings upgrades following news that the group has acquired two businesses.

Management has upped its 2013-14 full year earnings per share (EPS) growth guidance to 15% from 10% after it bought the Saucony wholesale and distribution business and the Podium Sports retail chain.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles