Rocky Brands (RCKY) Tops Q1 EPS by 3c

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Rocky Brands, Inc. Announces First Quarter 2022 Results

May 3, 2022 4:05 PM EDT

First Quarter Sales Increased to $167.0 Million

NELSONVILLE, Ohio--(BUSINESS WIRE)-- Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its first quarter ended March 31, 2022.

First Quarter 2022 Overview

Net sales increased 90.5% to $167.0 million Wholesale segment sales increased 126.2%; Retail segment sales increased 19.3% Operating income increased 100.5% to $13.2 million Adjusted operating income increased 17.7% to $14.2 million Net income increased 63.4% to $7.3 million, or $0.99 per diluted share Adjusted net income decreased 6.8% to... More