Rocky Brands, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
February 28, 2024 at 04:09 pm EST
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Rocky Brands, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 461.83 million compared to USD 615.48 million a year ago. Net income was USD 10.43 million compared to USD 20.47 million a year ago.
Basic earnings per share from continuing operations was USD 1.42 compared to USD 2.8 a year ago. Diluted earnings per share from continuing operations was USD 1.41 compared to USD 2.78 a year ago.
Rocky Brands, Inc. is a designer, manufacturer and marketer of footwear and apparel. It markets its products under a portfolio of brand names, including Rocky, Georgia Boot, Durango, Lehigh, The Original Muck Boot Company, XTRATUF, Ranger and the licensed brand Michelin. It operates through three segments: Wholesale, Retail and Contract Manufacturing. Its Wholesale segment distributes products through a range of distribution channels representing over 10,000 retail store locations in the United States, Canada, United Kingdom, and others. Retail segment markets directly to consumers through its Lehigh business-to-business, including direct sales and through its CustomFit Websites, consumer e-commerce Websites, third-party marketplaces, and Rocky outlet stores. Its Contract Manufacturing segment includes sales to the United States Military, private label sales and any sales to customers in which it is contracted to manufacture or source a specific footwear product for a customer.
ROCKY BRANDS, INC. 
