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. (NASDAQ: RCKY) is a designer, manufacturer and marketer of premium quality footwear and apparel in the footwear merchant wholesalers industry. The company reports results across Wholesale, Retail and Contract Manufacturing segments and regularly issues detailed quarterly updates on sales, margins, operating income, debt levels and inventory.
This news page focuses on Rocky Brands (RCKY) news, highlighting company press releases and announcements that cover its financial performance, capital structure and corporate actions. Recent releases have discussed net sales trends by segment, changes in gross margin, operating expenses, interest expense and net income, along with commentary from management on business conditions.
Investors following RCKY can use this feed to review earnings announcements for the first, second and third quarters, updates on total debt and inventories, and declarations of quarterly cash dividends by the board of directors. The company also issues news about upcoming earnings release dates, associated conference calls and webcasts, and participation in investor conferences such as the ICR Conference.
Because Rocky Brands reports segment-level results for Wholesale, Retail and Contract Manufacturing, its news often includes insights into brand and channel performance, including references to demand for brands such as XTRATUF, The Original Muck Boot Company, Georgia Boot and Rocky, as well as direct-to-consumer and Lehigh safety shoe activity. For market participants tracking RCKY stock, this page provides a centralized view of the company’s official news flow and management commentary over time.
Rocky Brands (NASDAQ: RCKY) reported robust financial results for Q4 and full-year 2021, with Q4 net sales soaring 93.4% to $169.5 million. The wholesale sector saw a 124.9% increase, while retail grew by 12.6%. Operating income grew by 41.1% to $18.2 million. The year-end net income reached $20.6 million, or $2.77 per diluted share. The firm highlighted challenges in fulfillment that impacted margins, but is now focusing on efficiencies and operational excellence following the acquisition of the Boston Group, which contributed significantly to revenues.
Rocky Brands, Inc. (NASDAQ: RCKY) will release its financial results for the fourth quarter and year ended December 31, 2021 on March 1, 2022, after market close. A conference call will follow at 4:30 p.m. ET to discuss these results. Interested parties can join by calling (855) 327-6837 (domestic) or (631) 891-4304 (international), or via a live webcast on www.rockybrands.com. A replay will be available until March 15, 2022. Rocky Brands designs and markets footwear and apparel under brands like Rocky®, Georgia Boot®, and The Original Muck Boot Company®.
Rocky Brands, Inc. (NASDAQ: RCKY) has declared a quarterly cash dividend of $0.155 per share, set to be paid on March 15, 2022, to shareholders on record by March 1, 2022. This decision is subject to future board determinations regarding dividends and payment dates. Rocky Brands is known for its high-quality footwear and apparel brands, including Rocky®, Georgia Boot®, and Durango®.
Rocky Brands, Inc. (NASDAQ: RCKY) will present at the 2022 ICR Conference on January 10, 2022, at 9:30 a.m. Eastern Time. The presentation will be available via live internet broadcast, accessible at RockyBrands.com. Known for its high-quality footwear and apparel, Rocky Brands features brands such as Rocky®, Georgia Boot®, and The Original Muck Boot Company®. Investors can expect insights on company performance and growth initiatives during this event.
Rocky Brands, Inc. (NASDAQ:RCKY) has declared a quarterly cash dividend of $0.155 per share, set to be paid on December 16, 2021. Shareholders on record by the close of business on December 2, 2021, will receive this dividend. The board will evaluate future dividends and payment schedules quarterly. Rocky Brands is a prominent footwear and apparel manufacturer with well-known brands including Rocky, Georgia Boot, and Durango.
Rocky Brands, Inc. (NASDAQ: RCKY) reported a 61.4% increase in net sales to $125.5 million for Q3 2021, driven by strong wholesale and retail performance. However, the company faced temporary fulfillment challenges due to supply chain issues, resulting in a net loss of $(0.4) million or $(0.05) per diluted share. Adjusted net income was $2.5 million, or $0.34 per diluted share. Operating expenses surged to $44.2 million, 35.2% of net sales, largely due to acquisition-related costs. Inventory rose to $202.2 million as of September 30, 2021, reflecting the addition from the Boston Group acquisition.
Rocky Brands, Inc. (NASDAQ: RCKY) will report its third-quarter financial results for the period ending September 30, 2021, after market close on November 2, 2021. A conference call is scheduled for the same day at 4:30 p.m. ET, where management will discuss the results. Interested participants can join by dialing (877) 705-6003 for domestic calls or (201) 493-6725 for international calls. The call will also be available via a live webcast on their official website. A replay will be accessible until November 16, 2021.
Rocky Brands, Inc. (NASDAQ: RCKY) has announced a 10.7% increase in its quarterly dividend, raising it from $0.140 to $0.155 per share. This payment is scheduled for September 16, 2021, to shareholders of record as of September 2, 2021. The board of directors will continue to evaluate future dividends and payment dates. 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®.
Rocky Brands, Inc. (NASDAQ: RCKY) reported a remarkable 134.2% net sales increase to $131.6 million for Q2 2021, bolstered by a 195.0% jump in wholesale sales. Net income also rose 59.5% to $3.9 million, or $0.52 per diluted share. The company's gross margin improved by 280 basis points to 37.4%. Adjusted net income soared 129.0% to $7.4 million, or $0.99 per diluted share. The financial growth is attributed to strong demand across its brand portfolio, particularly from new acquisitions. However, operating expenses increased to $40.7 million, primarily due to expenses tied to the acquired brands.
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