Footwear retailer Rocky Brands reported a modest increase in net sales and a significant rise in net income for the first quarter ended March 31, 2025. Net sales increased by 1.1 percent to 114.1 million dollars, while adjusted net income increased 77.9 percent to 5.5 million dollars, or 73 cents per diluted share. “We experienced healthy demand...
Apr 30, 2025
Footwear and apparel company Rocky Brands delivered a fourth quarter marked by modest revenue gains and significant earnings growth. Net sales for the period rose 1.7 percent to 128.1 million dollars year-over-year, while adjusted net income surged 22.7 percent to 8.9 million dollars, or 1.19 dollars per diluted share. "We are pleased with our...
Feb 26, 2025
Rocky Brands net sales decreased 8.8 percent to 114.6 million dollars in the third quarter of 2023. "While cautious consumer spending outside of peak shopping periods and warm, dry weather acted as headwinds this quarter, the underlying strength of our business remains intact," said Jason Brooks, the company’s chairman, president and CEO in a...
Oct 31, 2024
Second quarter net sales at Rocky Brands decreased 1.6 percent to 98.3 million dollars. The company said in a release that excluding the divestiture of the Servus brand, the change to a distributor model in Canada and temporarily elevated commercial military footwear sales to a single customer throughout 2023, net sales increased 6.1 percent....
Jul 31, 2024
Rocky Brands net sales increased 2.2 percent to 112.9 million dollars in the first quarter and increased 7.6 percent excluding Servus brand net sales from the year ago period. The company said in a release that operating income increased 92.1 percent to 8 million dollars or 76.4 percent to 8.7 million dollars on an adjusted basis. Net income was...
May 1, 2024
Rocky Brands reported fourth quarter net sales decreased 9.3 percent to 126 million dollars and full year net sales of 461.8 million dollars, were down 25 percent. Operating income for the quarter increased 8.2 percent to 14.7 million dollars and decreased 19.7 percent to 35.4 million dollars. "We are encouraged with our fourth quarter...
Feb 29, 2024
Third quarter net sales at Rocky Brands were 125.6 million dollars, a decrease of 14.8 percent or 12.7 percent on an adjusted basis. Net income for the quarter increased 20 percent to 6.8 million dollars or 93 cents per diluted share and adjusted net income increased 47.6 percent to 8 million dollars or 1.09 dollars per diluted share. Commenting...
Nov 2, 2023
Rocky Brands has reported a 38.4 percent drop in sales in the second quarter citing “ongoing industry headwinds”. The US footwear and apparel company made net sales of 99.8 million dollars in the three months to June 30, down from 162 million dollars the prior year. It swung to a net loss of 2.7 million dollars from a profit of 0.92 million...
Aug 2, 2023
First quarter net sales at Rocky Brands decreased 33.9 percent to 110.4 million dollars. The company reported a first quarter net loss of 0.4 million dollars or 5 cents per diluted share compared to net income of 7.3 million dollars or 99 cents per diluted share in the first quarter of 2022. Adjusted net loss was 0.8 million dollars or 12 cents...
May 3, 2023
Rocky Brands, Inc. has sold its Servus brand to PQ Footwear, a subsidiary of Industrias PetroQuim, which has been globally providing footwear and components for over 67 years. The company said in a statement that the transaction closed on March 30, 2023 and the proceeds from the transaction were used to pay down debt. Terms of the transaction...
Apr 3, 2023
Fourth quarter net sales at Rocky Brands, Inc. decreased 18 percent to 138.9 million dollars. The company’s wholesale segment sales decreased 26.6 percent and retail segment sales increased 40.8 percent. The company said, operating income decreased 25.2 percent to 13.6 million dollars, net income decreased 48.1 percent to 6.5 million dollars or...
Feb 24, 2023
Rocky Brands, Inc. has appointed Sarah O’Connor to the company’s leadership team as senior vice president, chief financial officer and treasurer. O’Connor, the company said in a release, brings more than 15 years of corporate finance experience to the role, including work with public retail and manufacturing organisations. “Sarah’s broad...
Feb 14, 2023
