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.
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Rocky Brands, Inc. (NASDAQ: RCKY) will announce its first-quarter financial results for the period ending March 31, 2023, on May 2, 2023, after market close. A conference call led by management is scheduled for the same day at 4:30 p.m. ET, where they will discuss the outcomes. Interested investors and analysts can join by calling (877) 704-4453 domestically or (201) 389-0920 internationally. The call will also be available via a live webcast on www.rockybrands.com. Furthermore, a replay of the call will be accessible until May 16, 2023, by calling (844) 512-2921 domestically or (412) 317-6671 internationally, using the conference ID: 13738389.
Rocky Brands is renowned for its premium footwear and apparel, featuring brands like Rocky®, Georgia Boot®, and Durango®.
Rocky Brands, Inc. (NASDAQ: RCKY) has announced the sale of its Servus brand to PQ Footwear, LLC, a subsidiary of Industrias PetroQuim, SA. This transaction closed on March 30, 2023, with the proceeds utilized to reduce debt. Rocky Brands had acquired Servus in March 2021 from Honeywell, focusing on safety-certified PVC and neoprene footwear. The terms of the sale were not disclosed. Rocky Brands is known for its premium quality footwear and apparel, featuring brands such as Rocky®, Georgia Boot®, and Durango®.
Rocky Brands, Inc. (NASDAQ: RCKY) reported its fourth quarter and year-end financial results for 2022. Q4 net sales decreased by 18.0% to $138.9 million, driven by a 26.6% drop in wholesale sales, while retail sales surged 40.8%. Operating income fell 25.2% to $13.6 million, and net income plummeted 48.1% to $6.5 million, or $0.89 per share. For the full year, net sales rose 19.7% to $615.5 million, with wholesale and retail sales climbing by 24.0% and 21.9%, respectively. However, adjusted net income decreased 26.0% to $24.1 million, or $3.27 per share. The company is cautious about near-term trends amidst macroeconomic uncertainty but remains optimistic about future growth.
Rocky Brands, Inc. (NASDAQ: RCKY) will announce its fourth quarter and full year 2022 financial results after the market closes on February 23, 2023. A conference call is scheduled for the same day at 4:30 p.m. ET, where management will discuss these results. Investors can join the call by calling (877) 704-4453 (domestic) or (201) 389-0920 (international), and it will also be streamed live on www.rockybrands.com. A replay will be available until March 9, 2023, by dialing (844) 512-2921 (domestic).
Rocky Brands, Inc. (NASDAQ: RCKY) has declared a quarterly cash dividend of $0.155 per share, payable on March 15, 2023, to shareholders of record as of March 1, 2023. This decision reflects the company's commitment to returning value to its investors. Future dividends will be determined quarterly by the board of directors. Rocky Brands is known for its premium quality footwear and apparel, operating well-recognized brands including Rocky®, Georgia Boot®, and The Original Muck Boot Company®.