Rocky Brands (RCKY) Misses Q1 EPS by 17c

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Rocky Brands, Inc. Announces First Quarter 2016 Results

April 21, 2016 4:05 PM EDT

NELSONVILLE, Ohio--(BUSINESS WIRE)-- Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its first quarter ended March 31, 2016.

First Quarter 2016 Sales and Income

First quarter net sales were $57.5 million compared to $65.5 million in the first quarter of 2015. The Company reported a first quarter net loss of $0.2 million, or ($0.03) per diluted share compared to net income of $1.4 million, or $0.19 per diluted share in the first quarter of 2015.

David Sharp, President and Chief Executive Officer, commented, We are making solid progress executing our strategies aimed at further... More