Welcome to our dedicated page for Rocky Brands news (Ticker: RCKY), a resource for investors and traders seeking the latest updates and insights on Rocky Brands stock.
Rocky Brands, Inc. reports news on its footwear and apparel portfolio, including the Muck, XTRATUF, Rocky, Durango, Georgia Boot, Lehigh, Ranger and licensed Michelin brands. Company updates commonly address net sales, gross margin, inventory, debt and segment performance across wholesale, retail and contract manufacturing operations.
Recurring developments include direct-to-consumer demand through e-commerce and company-operated stores, wholesale channel activity with outdoor, work, marine and safety retailers, and contract manufacturing sales that include U.S. military and private-label production. News also covers brand partnerships, sourcing and tariff effects, quarterly dividends, share repurchase activity and investor conference participation.
Rocky Brands Inc (NASDAQ: RCKY) has announced its participation in the 2025 ICR Conference. The company's management team will conduct a fireside chat presentation on Monday, January 13, 2025, at 1:30 p.m. Eastern Time. The presentation will be accessible via live webcast on the company's investor relations website.
Rocky Brands operates as a leading designer, manufacturer, and marketer of premium footwear and apparel. The company manages a diverse portfolio of recognized brands including Rocky®, Georgia Boot®, Durango®, Lehigh®, The Original Muck Boot Company®, XTRATUF®, and Ranger®.
Rocky Brands (RCKY) has announced a quarterly cash dividend of $0.155 per share of outstanding common stock. The dividend will be paid on December 17, 2024 to shareholders of record as of the close of business on December 3, 2024. The company, which designs, manufactures, and markets premium footwear and apparel under brands including Rocky®, Georgia Boot®, Durango®, Lehigh®, The Original Muck Boot Company®, XTRATUF® and Ranger®, notes that future dividends are subject to quarterly board determination.
Rocky Brands (NASDAQ: RCKY) reported Q3 2024 financial results with net sales decreasing 8.8% to $114.6 million. Gross margin improved 110 basis points to 38.1%. Net income was $5.3 million, or $0.70 per diluted share, compared to $6.8 million, or $0.93 per diluted share in Q3 2023. Durango brand and Lehigh CustomFit safety footwear showed double-digit growth, partially offsetting wholesale declines. The company reduced inventory by 11.8% and total debt by 29.7% year-over-year. Operating income was $10.1 million compared to $14.3 million in the year-ago quarter.
Rocky Brands (NASDAQ: RCKY) announced it will release its third quarter 2024 financial results on October 30, 2024, after market close. Management will host a conference call at 4:30 p.m. ET the same day to discuss the results. The call will be accessible via phone and webcast through rockybrands.com. Rocky Brands is a leading designer, manufacturer and marketer of premium footwear and apparel under brands including Rocky®, Georgia Boot®, Durango®, Lehigh®, The Original Muck Boot Company®, XTRATUF® and Ranger®.
Rocky Brands, Inc. (NASDAQ: RCKY) has announced a quarterly cash dividend of $0.155 per share of outstanding common stock. The dividend will be paid on September 17, 2024 to shareholders of record as of the close of business on September 3, 2024. Rocky Brands is a leading designer, manufacturer, and marketer of premium quality footwear and apparel, with a portfolio of well-recognized brand names including Rocky®, Georgia Boot®, Durango®, Lehigh®, The Original Muck Boot Company®, XTRATUF®, and Ranger®.
The company's board of directors will determine future dividends, record dates, and payment dates on a quarterly basis. This announcement demonstrates Rocky Brands' commitment to providing value to its shareholders through regular dividend payments.
Rocky Brands, Inc. (NASDAQ: RCKY) reported Q2 2024 financial results with net sales of $98.3 million, a 1.6% decrease from the previous year. However, excluding non-recurring sales, net sales increased by 6.1%. The company reported a net loss of $1.2 million, or $0.17 per diluted share, compared to a net loss of $2.7 million in Q2 2023. Adjusted net income was $1.3 million, or $0.17 per diluted share.
Key highlights include:
- Operating income increased 104.7% to $4.5 million
- Inventories decreased 20.0% year-over-year
- Total debt decreased 31.3% year-over-year
- Strong double-digit sales gains for Durango and XTRATUF brands
- Debt refinancing expected to generate $4.4 million in annualized savings beginning in 2025
Rocky Brands, Inc. (NASDAQ: RCKY) has announced it will release its second quarter 2024 financial results on July 30, 2024, after market close. The company will host a conference call at 4:30 p.m. ET on the same day to discuss the results. Investors and analysts can participate by dialing (877) 704-4453 (domestic) or (201) 389-0920 (international). A live webcast will be available at www.rockybrands.com.
Rocky Brands is a leading designer, manufacturer, and marketer of premium footwear and apparel. Its brand portfolio includes Rocky®, Georgia Boot®, Durango®, Lehigh®, The Original Muck Boot Company®, XTRATUF®, and Ranger®. The company's financial results for the quarter ended June 30, 2024, will provide insights into its performance and market position.
Rocky Brands (NASDAQ: RCKY) has announced a quarterly cash dividend of $0.155 per share for its common stockholders. This dividend will be disbursed on June 17, 2024, to shareholders recorded by the close of business on June 3, 2024. The company's board of directors will continue to evaluate and determine future dividends on a quarterly basis. Rocky Brands is known for designing, manufacturing, and marketing high-quality footwear and apparel under various brand names including Rocky®, Georgia Boot®, and Durango®.
Rocky Brands, Inc. (NASDAQ: RCKY) announced positive first quarter 2024 results with a 2.2% increase in net sales to $112.9 million, 92% growth in operating income to $8.0 million, and a significant decrease in inventories by 26%. Adjusted net income was $3.1 million, or $0.41 per diluted share, compared to a net loss of $0.8 million in the year ago period. The Company reported enhanced profitability and increased shareholder value for 2024.
Ronky Brands, Inc. announced a comprehensive debt refinancing agreement with Bank of America to enhance its financial profile, cash flow, and liquidity. The new agreement includes an upsized $175 million revolving credit facility and a $50 million term facility, generating net savings of $2.9 million for 2024 and $4.4 million annually from 2025. The transactions extend debt maturities to April 2029, simplifying the capital structure and increasing financial flexibility.