Rocky Brands (RCKY) Misses Q3 EPS by $1.03, Sales Miss

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Go back to Rocky Brands (RCKY) Misses Q3 EPS by $1.03, Sales Miss

Rocky Brands, Inc. Announces Third Quarter Results

November 2, 2021 4:05 PM EDT

NELSONVILLE, Ohio--(BUSINESS WIRE)-- Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its third quarter ended September 30, 2021 which reflect the impact from temporary fulfillment challenges in the Companys Ohio distribution center.

Third Quarter 2021 Overview

Net sales increased 61.4% to $125.5 million Wholesale segment sales increased 70.3%; Retail segment sales increased 35.3% Net loss of $(0.4) million, or $(0.05) per diluted share Adjusted net income of $2.5 million, or $0.34 per diluted share

We continued to experience robust demand for... More