Rocky Brands (RCKY) Misses Q3 EPS by 24c

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Rocky Brands, Inc. Announces Third Quarter 2015 Results

October 21, 2015 4:05 PM EDT

NELSONVILLE, Ohio--(BUSINESS WIRE)-- Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its third quarter ended September 30, 2015.

Third Quarter 2015 Sales and Income

Third quarter net sales were $70.0 million compared to $72.7 million in the third quarter of 2014. The Company reported third quarter net income of $1.8 million, or $0.24 per diluted share, compared to net income of $3.1 million, or $0.42 per diluted share, in the third quarter of 2014.

David Sharp, President and Chief Executive Officer, commented, Our third quarter performance reflects softer than expected demand in our Work and... More