Rocky Brands (RCKY) Misses Q1 EPS by 20c, Revenues Miss

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Rocky Brands, Inc. Announces 2020 First Quarter Results

April 28, 2020 4:05 PM EDT

NELSONVILLE, Ohio--(BUSINESS WIRE)-- Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its first quarter ended March 31, 2020.

First Quarter 2020 Sales and Income
First quarter net sales were $55.7 million compared with $65.9 million in the first quarter of 2019. The Company reported first quarter net income of $1.2 million, or $0.16 per diluted share compared to net income of $3.6 million, or $0.48 per diluted share in the first quarter of 2019. Adjusted net income for the first quarter of 2020, which excludes expenses related to the closure of the Companys manufacturing facilities... More