Consumer Cyclical - Apparel - Footwear & Accessories - NASDAQ - US
$ 20.96
-1.18 %
$ 156 M
Market Cap
11.71
P/E
Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United States, Canada, and internationally. It operates through Wholesale, Retail, and Contract Manufacturing segments. The Wholesale segment offers products in approximately 10,000 retail locations through a range of distribution channels comprising sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants, uniform stores, farm store chains, specialty safety stores, and specialty and online retailers. The Retail segment sells its products directly to consumers through its e-commerce websites, including rockyboots.com, georgiaboot.com, durangoboot.com, lehighoutfitters.com, lehighsafetyshoes.com, slipgrips.com,muckbootcompany.com,xtratuf.com, and Rocky outlet store in Nelsonville, Ohio, and retail stores.[ Read More ]
The intrinsic value of one RCKY stock under the base case scenario is HIDDEN Compared to the current market price of 21 USD, Rocky Brands, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart RCKY
FINANCIALS
462 M
REVENUE
35.4 M
OPERATING INCOME
10.4 M
NET INCOME
73.6 M
OPERATING CASH FLOW
13.4 M
INVESTING CASH FLOW
-88.2 M
FINANCING CASH FLOW
115 M
REVENUE
10.1 M
OPERATING INCOME
5.28 M
NET INCOME
4.5 M
OPERATING CASH FLOW
-1.04 M
INVESTING CASH FLOW
-3.86 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Rocky Brands, Inc.
| Current Assets | 258 M |
| Cash & Short-Term Investments | 4.47 M |
| Receivables | 81.1 M |
| Other Current Assets | 173 M |
| Non-Current Assets | 221 M |
| Long-Term Investments | 0 |
| PP&E | 59.8 M |
| Other Non-Current Assets | 161 M |
| Current Liabilities | 71.5 M |
| Accounts Payable | 49.8 M |
| Short-Term Debt | 5.28 M |
| Other Current Liabilities | 16.4 M |
| Non-Current Liabilities | 184 M |
| Long-Term Debt | 176 M |
| Other Non-Current Liabilities | 8.36 M |
EFFICIENCY
Earnings Waterfall
Rocky Brands, Inc.
| Revenue | 462 M |
| Cost Of Revenue | 283 M |
| Gross Profit | 179 M |
| Operating Expenses | 143 M |
| Operating Income | 35.4 M |
| Other Expenses | 24.9 M |
| Net Income | 10.4 M |
RATIOS
38.67%
GROSS MARGIN
7.66%
OPERATING MARGIN
2.26%
NET MARGIN
4.66%
ROE
2.17%
ROA
6.57%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Rocky Brands, Inc.
| Net Income | 10.4 M |
| Depreciation & Amortization | 10.9 M |
| Capital Expenditures | -3.92 M |
| Stock-Based Compensation | 1.24 M |
| Change in Working Capital | 51.3 M |
| Others | -4.53 M |
| Free Cash Flow | 69.7 M |
Wall Street Analysts Price Targets
Rocky Brands, Inc.
Wall Street analysts predict an average 1-year price target for RCKY of $46.2 , with forecasts ranging from a low of $25 to a high of $73 .
RCKY Lowest Price Target
Wall Street Target
25 USD
19.27%
RCKY Average Price Target
Wall Street Target
46.2 USD
120.66%
RCKY Highest Price Target
Wall Street Target
73 USD
248.28%
4. DIVIDEND ANALYSIS
0.49%
DIVIDEND YIELD
0.155 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Rocky Brands, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
497 K USD 2
6-9 MONTHS
509 K USD 2
9-12 MONTHS
729 K USD 5
Bought
10.2 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Nov 04, 2024
|
Bought 10.2 K USD
|
Smith Dwight Eric
Director |
+ 500
|
20.47 USD |
|
5 months ago
Jun 11, 2024
|
Sell 148 K USD
|
LOVELAND CURTIS A
Assistant Secretary |
- 4000
|
37 USD |
|
5 months ago
Jun 05, 2024
|
Sell 349 K USD
|
Moore Robert Burton Jr.
Director |
- 9000
|
38.82 USD |
|
6 months ago
May 06, 2024
|
Sell 12.9 K USD
|
LOVELAND CURTIS A
Assistant Secretary |
- 354
|
36.35 USD |
|
6 months ago
May 06, 2024
|
Sell 76.6 K USD
|
LOVELAND CURTIS A
Assistant Secretary |
- 2161
|
35.43 USD |
|
6 months ago
May 07, 2024
|
Sell 34.4 K USD
|
LOVELAND CURTIS A
Assistant Secretary |
- 979
|
35.149 USD |
|
6 months ago
May 06, 2024
|
Sell 58.4 K USD
|
LOVELAND CURTIS A
Assistant Secretary |
- 1600
|
36.5 USD |
|
6 months ago
May 06, 2024
|
Sell 123 K USD
|
LOVELAND CURTIS A
Assistant Secretary |
- 3472
|
35.33 USD |
|
6 months ago
May 07, 2024
|
Sell 40.6 K USD
|
LOVELAND CURTIS A
Assistant Secretary |
- 1147
|
35.4 USD |
|
6 months ago
May 02, 2024
|
Sell 164 K USD
|
Haning G Courtney
Director |
- 5000
|
32.78 USD |
|
11 months ago
Dec 12, 2023
|
Sell 122 K USD
|
LOVELAND CURTIS A
Assistant Secretary |
- 4000
|
30.52 USD |
|
11 months ago
Dec 13, 2023
|
Sell 117 K USD
|
BROOKS MIKE
Director |
- 4000
|
29.27 USD |
|
11 months ago
Dec 11, 2023
|
Sell 122 K USD
|
LOVELAND CURTIS A
Assistant Secretary |
- 4000
|
30.52 USD |
|
11 months ago
Dec 08, 2023
|
Sell 120 K USD
|
Haning G Courtney
Director |
- 4000
|
30 USD |
|
11 months ago
Dec 08, 2023
|
Sell 123 K USD
|
Finn Michael L
Director |
- 4000
|
30.8195 USD |
|
11 months ago
Dec 11, 2023
|
Sell 124 K USD
|
Moore Robert Burton Jr.
Director |
- 4000
|
31.1148 USD |
|
1 year ago
Nov 03, 2023
|
Bought 19.5 K USD
|
Smith Dwight Eric
Director |
+ 1000
|
19.494 USD |
|
1 year ago
Aug 18, 2023
|
Bought 19.5 K USD
|
Smith Dwight Eric
Director |
+ 1000
|
19.48 USD |
|
1 year ago
May 16, 2023
|
Bought 7.85 K USD
|
Smith Dwight Eric
Director |
+ 400
|
19.63 USD |
|
1 year ago
May 15, 2023
|
Bought 10.1 K USD
|
O'Connor Sarah E
SVP, CFO and Treasurer |
+ 535
|
18.865 USD |
|
1 year ago
May 15, 2023
|
Bought 18.9 K USD
|
Brooks Jason
Chmn, President and CEO |
+ 1000
|
18.8799 USD |
|
1 year ago
May 15, 2023
|
Bought 24.6 K USD
|
Robertson Thomas D.
COO, CFO & Treasurer |
+ 1300
|
18.9042 USD |
|
1 year ago
Dec 12, 2022
|
Sell 49 K USD
|
STEWART JAMES L
Director |
- 2000
|
24.4851 USD |
|
1 year ago
Dec 05, 2022
|
Sell 5.97 K USD
|
Haning G Courtney
Director |
- 213
|
28.02 USD |
|
2 years ago
Aug 12, 2022
|
Bought 5.73 K USD
|
Robertson Thomas D.
EVP, CFO & Treasurer |
+ 195
|
29.38 USD |
|
2 years ago
Aug 12, 2022
|
Bought 16.4 K USD
|
Robertson Thomas D.
EVP, CFO & Treasurer |
+ 555
|
29.5 USD |
|
2 years ago
Aug 12, 2022
|
Bought 30.7 K USD
|
Brooks Jason
Chmn, President and CEO |
+ 1000
|
30.7326 USD |
|
2 years ago
Aug 11, 2022
|
Bought 29 USD
|
Moore Robert Burton Jr.
Director |
+ 1
|
29 USD |
|
2 years ago
Aug 11, 2022
|
Bought 17.5 K USD
|
Moore Robert Burton Jr.
director: |
+ 599
|
29.2 USD |
|
2 years ago
Aug 11, 2022
|
Bought 27.9 K USD
|
STEWART JAMES L
director: |
+ 1000
|
27.93 USD |
|
3 years ago
May 25, 2021
|
Bought 26.5 K USD
|
Moore Robert Burton Jr.
Director |
+ 500
|
53 USD |
|
3 years ago
May 18, 2021
|
Sell 71.8 K USD
|
BROOKS MIKE
Chairman of the Board |
- 1255
|
57.1897 USD |
|
3 years ago
May 18, 2021
|
Sell 311 K USD
|
BROOKS MIKE
Chairman of the Board |
- 5523
|
56.2557 USD |
|
3 years ago
May 18, 2021
|
Sell 363 K USD
|
BROOKS MIKE
Chairman of the Board |
- 6548
|
55.3751 USD |
|
3 years ago
May 14, 2021
|
Sell 21 K USD
|
CORLETT GLEN E
Director |
- 370
|
56.64 USD |
|
3 years ago
May 11, 2021
|
Sell 184 K USD
|
BROOKS MIKE
Chairman of the Board |
- 3000
|
61.25 USD |
|
3 years ago
May 06, 2021
|
Sell 128 K USD
|
BROOKS MIKE
Chairman of the Board |
- 2000
|
64 USD |
|
3 years ago
May 07, 2021
|
Sell 330 K USD
|
BROOKS MIKE
Chairman of the Board |
- 5000
|
65.92 USD |
|
3 years ago
May 07, 2021
|
Sell 512 K USD
|
BROOKS MIKE
Chairman of the Board |
- 8000
|
64.06 USD |
|
3 years ago
May 10, 2021
|
Sell 151 K USD
|
BROOKS MIKE
Chairman of the Board |
- 2300
|
65.82 USD |
|
3 years ago
May 10, 2021
|
Sell 240 K USD
|
BROOKS MIKE
Chairman of the Board |
- 3700
|
64.97 USD |
|
3 years ago
Mar 10, 2021
|
Sell 278 K USD
|
Finn Michael L
Director |
- 6000
|
46.36 USD |
|
3 years ago
Mar 08, 2021
|
Sell 338 K USD
|
Jordan William L
Director |
- 7500
|
45.07 USD |
|
3 years ago
Mar 09, 2021
|
Sell 49.8 K USD
|
STEWART JAMES L
Director |
- 1070
|
46.5877 USD |
|
3 years ago
Feb 26, 2021
|
Sell 47.4 K USD
|
Wortham Byron
President, Core Brands |
- 1100
|
43.13 USD |
|
3 years ago
Mar 01, 2021
|
Sell 90.8 K USD
|
Haning G Courtney
Director |
- 2000
|
45.38 USD |
|
4 years ago
Sep 10, 2020
|
Bought 2.07 K USD
|
Moore Robert Burton Jr.
Director |
+ 82
|
25.3 USD |
|
4 years ago
Sep 09, 2020
|
Bought 165 K USD
|
Moore Robert Burton Jr.
Director |
+ 6500
|
25.34 USD |
|
4 years ago
Mar 17, 2020
|
Bought 19 K USD
|
LOVELAND CURTIS A
Secretary |
+ 1000
|
19 USD |
|
4 years ago
Mar 13, 2020
|
Bought 140 K USD
|
LOVELAND CURTIS A
Secretary |
+ 7000
|
20 USD |
|
5 years ago
Nov 11, 2019
|
Sell 46.1 K USD
|
STEWART JAMES L
Director |
- 1500
|
30.76 USD |
|
5 years ago
Nov 07, 2019
|
Sell 124 K USD
|
Brooks Jason
President and CEO |
- 4000
|
31.0057 USD |
|
5 years ago
Oct 31, 2019
|
Bought 41.7 K USD
|
Moore Robert Burton Jr.
Director |
+ 1500
|
27.8 USD |
|
5 years ago
Sep 09, 2019
|
Sell 59.8 K USD
|
Finn Michael L
Director |
- 2000
|
29.89 USD |
|
5 years ago
Sep 10, 2019
|
Sell 89.9 K USD
|
Finn Michael L
Director |
- 3000
|
29.98 USD |
|
5 years ago
Jul 26, 2019
|
Sell 31 K USD
|
Dixon David P.
President, Sourcing and Mfg |
- 1000
|
31.03 USD |
|
5 years ago
Jul 26, 2019
|
Sell 248 K USD
|
Simms Richard
President of Operations |
- 8200
|
30.2411 USD |
|
5 years ago
Jul 25, 2019
|
Sell 16 K USD
|
Wortham Byron
President, Core Brands |
- 500
|
31.96 USD |
|
5 years ago
Jul 26, 2019
|
Sell 75.4 K USD
|
STEWART JAMES L
Director |
- 2500
|
30.169 USD |
|
5 years ago
Mar 11, 2019
|
Sell 85.5 K USD
|
STEWART JAMES L
Director |
- 3000
|
28.5 USD |
|
5 years ago
Mar 06, 2019
|
Sell 71.4 K USD
|
Jordan William L
Director |
- 2500
|
28.56 USD |
|
5 years ago
Feb 27, 2019
|
Sell 52.5 K USD
|
Simms Richard
President of Operations |
- 1750
|
30.0272 USD |
|
5 years ago
Feb 27, 2019
|
Sell 30 K USD
|
Wortham Byron
President, Core Brands |
- 1000
|
30 USD |
|
5 years ago
Feb 27, 2019
|
Sell 121 K USD
|
Moore Robert Burton Jr.
Director |
- 4000
|
30.22 USD |
|
6 years ago
Apr 30, 2018
|
Sell 48.5 K USD
|
STEWART JAMES L
Director |
- 2000
|
24.27 USD |
|
6 years ago
Aug 31, 2018
|
Sell 59.6 K USD
|
STEWART JAMES L
Director |
- 2000
|
29.82 USD |
|
6 years ago
Oct 30, 2018
|
Sell 23.2 K USD
|
Wortham Byron
President, Core Brands |
- 800
|
29 USD |
|
6 years ago
Sep 10, 2018
|
Sell 15.1 K USD
|
LOVELAND CURTIS A
Secretary |
- 500
|
30.25 USD |
|
6 years ago
Aug 15, 2018
|
Sell 97.1 K USD
|
Brooks Jason
President and CEO |
- 3178
|
30.55 USD |
|
6 years ago
Aug 16, 2018
|
Sell 78.8 K USD
|
Brooks Jason
President and CEO |
- 2578
|
30.55 USD |
|
6 years ago
Aug 15, 2018
|
Sell 38 K USD
|
Brooks Jason
President and CEO |
- 1244
|
30.57 USD |
|
6 years ago
Aug 15, 2018
|
Sell 38 K USD
|
Brooks Jason
President and CEO |
- 1244
|
30.55 USD |
|
6 years ago
Aug 15, 2018
|
Sell 38 K USD
|
Brooks Jason
President and CEO |
- 1244
|
30.55 USD |
|
6 years ago
Aug 15, 2018
|
Sell 39.8 K USD
|
BROOKS MIKE
Chairman of the Board |
- 1300
|
30.6115 USD |
|
6 years ago
Aug 16, 2018
|
Sell 36.4 K USD
|
BROOKS MIKE
Chairman of the Board |
- 1200
|
30.3083 USD |
|
6 years ago
Aug 17, 2018
|
Sell 30.1 K USD
|
BROOKS MIKE
Chairman of the Board |
- 1000
|
30.1 USD |
|
6 years ago
Aug 17, 2018
|
Sell 45 K USD
|
BROOKS MIKE
Chairman of the Board |
- 1500
|
30 USD |
|
6 years ago
Aug 13, 2018
|
Sell 77 K USD
|
BROOKS MIKE
Chairman of the Board |
- 2500
|
30.806 USD |
|
6 years ago
Aug 14, 2018
|
Sell 9.44 K USD
|
BROOKS MIKE
Chairman of the Board |
- 300
|
31.4667 USD |
|
6 years ago
Aug 14, 2018
|
Sell 68.4 K USD
|
BROOKS MIKE
Chairman of the Board |
- 2200
|
31.1091 USD |
|
6 years ago
Jun 13, 2018
|
Sell 120 K USD
|
LOVELAND CURTIS A
Secretary |
- 4000
|
30.01 USD |
|
6 years ago
Jun 13, 2018
|
Sell 38.4 K USD
|
STEWART JAMES L
Director |
- 1332
|
28.84 USD |
|
6 years ago
Jun 11, 2018
|
Sell 43.6 K USD
|
Simms Richard
President of Operations |
- 1504
|
29.0168 USD |
|
6 years ago
Jun 12, 2018
|
Sell 72.7 K USD
|
Simms Richard
President of Operations |
- 2496
|
29.12 USD |
|
6 years ago
Jun 06, 2018
|
Sell 202 K USD
|
Finn Michael L
Director |
- 7213
|
28.0626 USD |
|
6 years ago
Jun 07, 2018
|
Sell 78.9 K USD
|
Finn Michael L
Director |
- 2787
|
28.2955 USD |
|
6 years ago
May 31, 2018
|
Sell 208 K USD
|
Haning G Courtney
Director |
- 7425
|
28 USD |
|
6 years ago
May 24, 2018
|
Sell 2.1 K USD
|
Haning G Courtney
Director |
- 75
|
28 USD |
|
6 years ago
May 21, 2018
|
Sell 53.1 K USD
|
CORLETT GLEN E
Director |
- 2000
|
26.5749 USD |
|
6 years ago
May 17, 2018
|
Sell 53.3 K USD
|
CORLETT GLEN E
Director |
- 2000
|
26.666 USD |
|
6 years ago
May 18, 2018
|
Sell 52.9 K USD
|
CORLETT GLEN E
Director |
- 2000
|
26.428 USD |
|
6 years ago
May 14, 2018
|
Sell 52.7 K USD
|
STEWART JAMES L
Director |
- 2000
|
26.3252 USD |
|
6 years ago
May 14, 2018
|
Sell 52.6 K USD
|
CORLETT GLEN E
Director |
- 2000
|
26.29 USD |
|
6 years ago
May 15, 2018
|
Sell 53.1 K USD
|
CORLETT GLEN E
Director |
- 2000
|
26.55 USD |
|
6 years ago
May 09, 2018
|
Sell 203 K USD
|
LOVELAND CURTIS A
Secretary |
- 7500
|
27.04 USD |
|
6 years ago
May 02, 2018
|
Sell 314 K USD
|
LOVELAND CURTIS A
Secretary |
- 12500
|
25.1338 USD |
|
6 years ago
Apr 27, 2018
|
Sell 236 K USD
|
ROUDA HARLEY E JR
Director |
- 9459
|
24.96 USD |
|
6 years ago
Feb 23, 2018
|
Sell 36 K USD
|
STEWART JAMES L
Director |
- 2000
|
18 USD |
|
6 years ago
Mar 15, 2018
|
Bought 38.4 K USD
|
Moore Robert Burton Jr.
Director |
+ 1875
|
20.5 USD |
|
6 years ago
Mar 14, 2018
|
Bought 12.8 K USD
|
Moore Robert Burton Jr.
Director |
+ 625
|
20.5 USD |
|
7 years ago
Aug 25, 2017
|
Bought 69 K USD
|
Moore Robert Burton Jr.
Director |
+ 5000
|
13.8 USD |
7. News
Rocky Brands' Q3 Was Not As Bad As The Market Reaction, The Stock Is Now A Buy
Rocky Brands, Inc. reported Q3 2024 results today, with revenues down YoY, and more challenged margins. This reversed a trend of revenues growing (adjusted for non-recurring factors) and operating margins growing, in line with deleveraging financially. Rocky is down 40% since I wrote a Hold article on the name in July 2024. The stock now offers a yield of 16% on projected earnings at 9% margins.
seekingalpha.com
- 2 weeks ago
Rocky Brands, Inc. (RCKY) Q3 2024 Earnings Call Transcript
Rocky Brands, Inc. (NASDAQ:RCKY ) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Brendon Frey - IR, ICR Jason Brooks - CEO Tom Robertson - COO & CFO Conference Call Participants Janine Stichter - BTIG Jonathan Komp - Baird Bruce Geller - Geller Ventures Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Rocky Brands Third Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 2 weeks ago
Rocky Brands, Inc. Announces Third Quarter 2024 Results
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its third quarter ended September 30, 2024. Third Quarter 2024 Overview Net sales decreased 8.8% to $114.6 million versus the year-ago quarter, or 2.4%, excluding certain non-recurring sales from the year-ago quarter Gross margin increased 110 basis points to 38.1% compared to 37.0% in the year-ago quarter Operating income was $10.1 million as compared to $14.3 million in the year-ago qua.
businesswire.com
- 2 weeks ago
Rocky Brands, Inc. to Report Third Quarter 2024 Results on October 30, 2024
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced that the company will release its financial results for the third quarter ended September 30, 2024, after the market close on Wednesday, October 30, 2024. Management will host a conference call that afternoon (October 30, 2024) 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 (interna.
businesswire.com
- 3 weeks ago
Rocky Brands, Inc. (RCKY) Q2 2024 Earnings Call Transcript
Rocky Brands, Inc. (NASDAQ:RCKY ) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Cody McAlester - ICR Jason Brooks - CEO Thomas Robertson - COO and CFO Conference Call Participants Janine Stichter - BTIG Jonathan Komp - Baird Operator Good afternoon, ladies and gentlemen. Thank you for standing by.
seekingalpha.com
- 3 months ago
3 Unstoppable Russell 2000 Stocks to Buy Before June
Despite high interest rates, which hit small-cap stocks harder than their larger brethren, the Russell 2000 index of the market's smallest companies is making its move. Since the end of April, the small-cap benchmark has kept pace with the S&P 500 and has been ahead till last week's dip.
investorplace.com
- 5 months ago
Rocky Brands Declares Quarterly Cash Dividend
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced that its board of directors has declared a quarterly cash dividend of $0.155 per share of outstanding common stock, which will be paid on June 17, 2024 to all shareholders of record as of the close of business on June 3, 2024. The declaration and payment of future dividends and the establishment of future record dates and payment dates are subject to the quarterly determination of the board of directors. About.
businesswire.com
- 5 months ago
Rocky Brands (RCKY) Q1 Earnings & Sales Beat Expectations
Rocky Brands (RCKY) first-quarter 2024 results reflect robust business momentum and gains from restructuring initiatives, which aids cost-savings and leads to better advertising programs.
zacks.com
- 6 months ago
Rocky Brands, Inc. (RCKY) Q1 2024 Earnings Call Transcript
Rocky Brands, Inc. (NASDAQ:RCKY ) Q1 2024 Results Earnings Conference Call April 30, 2023 4:30 PM ET Company Participants Brendon Frey - Investor Relations, ICR, Inc. Jason Brooks - Chairman of the Board and Chief Executive Officer Thomas Robertson - Chief Operating Officer and Chief Financial Officer Conference Call Participants Jonathan Komp - Robert W. Baird Janine Stichter - BTIG Operator Good afternoon, ladies and gentlemen, and thank you for standing by.
seekingalpha.com
- 6 months ago
Rocky Brands (RCKY) Surpasses Q1 Earnings and Revenue Estimates
Rocky Brands (RCKY) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.12 per share a year ago.
zacks.com
- 6 months ago
Rocky Brands, Inc. Announces First Quarter 2024 Results
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Overview Net sales increased 2.2% to $112.9 million and increased 7.6% excluding Servus brand net sales from the year ago period Operating income increased 92.1% to $8.0 million, or 76.4% to $8.7 million on an adjusted basis Net income was $2.6 million, or $0.34 per diluted share, as compared to net loss of $0.4 million or $0.05 p.
businesswire.com
- 6 months ago
Rocky Brands, Inc. Announces Comprehensive Debt Refinancing
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY), a leading designer, manufacturer and marketer of premium quality footwear and apparel, today announced the signing of a definitive debt refinance agreement with Bank of America, as agent. The new agreement, which amends and restates the Company's existing revolving credit facility, will serve to enhance the Company's cash flow and liquidity profile while permitting a more simplified capital structure. Transaction Summary The.
businesswire.com
- 6 months ago
8. Profile Summary
Rocky Brands, Inc. RCKY
COUNTRY
US
INDUSTRY
Apparel - Footwear & Accessories
MARKET CAP
$ 156 M
Dividend Yield
0.49%
Description
Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United States, Canada, and internationally. It operates through Wholesale, Retail, and Contract Manufacturing segments. The Wholesale segment offers products in approximately 10,000 retail locations through a range of distribution channels comprising sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants, uniform stores, farm store chains, specialty safety stores, and specialty and online retailers. The Retail segment sells its products directly to consumers through its e-commerce websites, including rockyboots.com, georgiaboot.com, durangoboot.com, lehighoutfitters.com, lehighsafetyshoes.com, slipgrips.com,muckbootcompany.com,xtratuf.com, and Rocky outlet store in Nelsonville, Ohio, and retail stores. The Contract Manufacturing segment include private label sales and any sales to customers which are contracted to manufacture a specific footwear product for a customer and include sales to the U.S. Military. It serves industrial and construction workers, as well as workers in the hospitality industry, such as restaurants or hotels; farmers and ranchers; consumers enamored with western influenced fashion; commercial military personnel; hunting, fishing, camping, and hiking enthusiasts; law enforcement, security personnel, and postal employees; and for the U.S. military personnel. Rocky Brands, Inc. was founded in 1932 and is headquartered in Nelsonville, Ohio.
Contact
39 East Canal Street, Nelsonville, OH, 45764
https://www.rockybrands.com
IPO Date
Feb. 3, 1993
Employees
2060
Officers
Mr. Jeremy D. Siegfried
Secretary
Mr. Thomas D. Robertson CPA
Chief Operating Officer, Chief Financial Officer & Treasurer
Mr. Byron Wortham
Senior Vice President of Sales - Durango & Georgia Boot
Mr. Curtis A. Loveland Esq.
Assistant Secretary & Independent Director
Mr. Jason S. Brooks
Chairman, Chief Executive Officer & President