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, 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.
Rocky Brands, Inc. (NASDAQ: RCKY) is set to release its second quarter financial results for the period ending June 30, 2021, after market close on August 3, 2021. Following this, a conference call will occur at 4:30 p.m. ET to discuss these results. Interested parties can join by dialing (877) 705-6003 for domestic calls or (201) 493-6725 internationally, or via a live webcast at www.rockybrands.com. A replay of the call will be available until August 17, 2021.
Rocky Brands is known for its premium quality footwear and apparel under various brands including Rocky®, Georgia Boot®, and The Original Muck Boot Company®.
Rocky Brands, Inc. (NASDAQ: RCKY) announced its management team's participation in the Baird 2021 Global Consumer, Technology & Services Conference. The fireside chat is scheduled for 8:30 am Eastern Time on June 10, 2021. Interested parties can access a live webcast of the presentation through Rocky Brands' investor relations page. Rocky Brands is recognized for designing and marketing high-quality footwear and apparel under brands such as Rocky®, Georgia Boot®, Durango®, and more. Further details are available at RockyBrands.com.
Rocky Brands, Inc. (NASDAQ: RCKY) has announced a leadership change as Jason Brooks is appointed Chairman of the Board, succeeding Mike Brooks, who will remain a Board member. Jason Brooks has been CEO since May 2017, while Mike Brooks has served in various leadership roles since 1991. Additionally, G. Courtney Haning has been appointed as the Board’s Lead Independent Director. This transition in governance aims to strengthen the company's leadership as it continues to market premium quality footwear and apparel under renowned brands.
Rocky Brands, Inc. (NASDAQ: RCKY) has declared a quarterly cash dividend of $0.14 per share, payable on June 16, 2021. Shareholders of record as of the close on June 2, 2021 will receive the dividend. Future dividend payments and record dates will depend on the quarterly decisions of the board of directors. Rocky Brands is recognized for its premium footwear and apparel, including brands like Rocky, Georgia Boot, and Durango.
Rocky Brands, Inc. has expanded its American-made product offerings with a new 45,000 square-foot factory in Rock Island, Illinois, dedicated to producing Servus footwear. Acquired from Honeywell in March 2021, the facility manufactures 1.6 million pairs of Servus boots annually. These boots are validated for viral penetration resistance and are compliant with CSA and ASTM standards. The facility aims to provide quality protective footwear suitable for various high-risk environments, affirming Rocky Brands' commitment to safety and quality.
Rocky Brands, Inc. (NASDAQ: RCKY) reported strong first-quarter results for 2021, with net sales rising 57.3% to $87.7 million. The wholesale segment experienced a 69.1% increase, while retail sales grew 42.0%. Gross margin improved by 540 basis points to 40.1%. Net income surged 278.1% to $4.5 million, equating to $0.61 per diluted share. The company also completed its acquisition of Honeywell's footwear business, enhancing its brand portfolio and paving the way for future growth.
Rocky Brands, Inc. (NASDAQ: RCKY) will release its first-quarter financial results for 2021 on May 4, 2021, after market close. A conference call is scheduled for 4:30 p.m. ET on the same day, inviting investors and analysts to participate by calling (877) 705-6003 domestically or (201) 493-6725 internationally. A live webcast will be available on www.rockybrands.com. A telephone replay will be accessible until May 18, 2021, using conference ID 13719422.