Rocky Brands, Inc. Announces Record First Quarter Results

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Go back to Rocky Brands, Inc. Announces Record First Quarter Results

Rocky Brands (RCKY) Tops Q1 EPS by 60c, Revenues Beat

May 4, 2021 5:29 PM EDT

Rocky Brands (NASDAQ: RCKY) reported Q1 EPS of $1.19, $0.60 better than the analyst estimate of $0.59. Revenue for the quarter came in at $87.7 million versus the consensus estimate of $71.25 million.

First Quarter 2021 Highlights

Net sales increased 57.3% to $87.7 millionWholesale segment sales increased 69.1%; Retail segment sales increased 42.0%Gross margin increased 540 basis points to 40.1%Net income increased 278.1% to $4.5... More