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Rocky Brands, Inc. - RCKY STOCK NEWS

Welcome to our dedicated page for Rocky Brands news (Ticker: RCKY), a resource for investors and traders seeking the latest updates and insights on Rocky Brands stock.

Rocky Brands, Inc. (NASDAQ: RCKY) is a prominent global designer, manufacturer, and marketer of premium-quality footwear and apparel. Established in 1932, the company has expanded its reach to over 70 countries, with its global headquarters in Nelsonville, Ohio. The headquarters employs around 400 local residents, while the company boasts over 2,800 employees worldwide, including an office in Los Angeles, CA, and international facilities in Canada, China, Puerto Rico, and the Dominican Republic.

Rocky Brands, Inc. is renowned for its compelling family of brands which includes Rocky®, Georgia Boot®, Durango®, Lehigh Outfitters®, and Creative Recreation®. The company also markets the licensed brand Michelin footwear. With a strong emphasis on product innovation, targeted sponsorships, and social interaction with consumers, Rocky Brands aims to enhance consumer life experiences and foster lifetime loyalty.

The company operates through three primary business segments: Wholesale, Retail, and Contract, with the Wholesale segment generating the majority of its revenue. Rocky Brands' mission is to grow through innovative product development and strategic marketing initiatives, ensuring the provision of premium products that meet the evolving needs of their diverse customer base.

Recent achievements for Rocky Brands include the expansion of their product lines, enhanced global distribution capabilities, and strategic partnerships aimed at strengthening their market presence. The company continues to focus on financial health, operational efficiency, and sustainable growth to secure its position as a global leader in the industry.

Rhea-AI Summary
Rocky Brands, Inc. (RCKY) releases its first Environmental, Social, and Governance Report, showcasing its commitment to corporate responsibility, community service, and sustainability. The report outlines key priorities such as chemicals management, climate change, diversity, and talent development, aligning with investor expectations and industry standards.
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Rocky Brands, Inc. (NASDAQ: RCKY) reported a decrease in net sales for the fourth quarter and full year 2023. Despite challenges, the company saw improvements in operating income and net income. Debt levels and inventories decreased significantly, positioning the company for future growth.
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Rocky Brands, Inc. (RCKY) will release its Q4 and full-year 2023 financial results on February 28, 2024. A conference call will be held to discuss the results, inviting investors and analysts to participate.
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Rocky Brands, Inc. (RCKY) declares a quarterly cash dividend of $0.155 per share, payable on March 18, 2024, to shareholders of record as of March 4, 2024.
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Rocky Brands, Inc. (NASDAQ: RCKY) management team to participate in 2024 ICR Conference with fireside chat presentation on January 8, 2024 at 10:30 a.m. Eastern Time.
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Rocky Brands, Inc. (NASDAQ: RCKY) Declares Quarterly Cash Dividend of $0.155 per Share
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Rocky Brands, Inc. (NASDAQ: RCKY) reported its financial results for Q3 2023. Net sales decreased by 14.8% to $125.6 million. Wholesale segment sales decreased by 17.4%, while retail segment sales increased by 4.7%. Gross margin as a percentage of net sales increased by 180 basis points to 37.0%. Operating income increased by 22.8% to $14.3 million. Net income increased by 20.0% to $6.8 million. Inventories decreased by 26.5% year-over-year. Total debt decreased by 24.9% compared to the previous year.
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Rocky Brands, Inc. will release its Q3 financial results on November 1, 2023, followed by a conference call at 4:30 p.m. ET. Interested parties can participate through dial-in or webcast.
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Rocky Brands CFO Sarah O’Connor resigns, Tom Robertson to assume duties temporarily
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FAQ

What is the current stock price of Rocky Brands (RCKY)?

The current stock price of Rocky Brands (RCKY) is $22.84 as of December 20, 2024.

What is the market cap of Rocky Brands (RCKY)?

The market cap of Rocky Brands (RCKY) is approximately 168.8M.

What does Rocky Brands, Inc. specialize in?

Rocky Brands, Inc. specializes in designing, manufacturing, and marketing premium-quality footwear and apparel.

Which brands are part of the Rocky Brands family?

The Rocky Brands family includes Rocky®, Georgia Boot®, Durango®, Lehigh Outfitters®, Creative Recreation®, and Michelin footwear (licensed).

Where is Rocky Brands, Inc. headquartered?

Rocky Brands, Inc. is headquartered in Nelsonville, Ohio, USA.

How many employees does Rocky Brands, Inc. have?

Rocky Brands, Inc. employs over 2,800 people worldwide.

What are the main business segments of Rocky Brands, Inc.?

Rocky Brands, Inc. operates through three main business segments: Wholesale, Retail, and Contract.

In how many countries does Rocky Brands, Inc. distribute its products?

Rocky Brands, Inc. distributes its products in over 70 countries.

What is the primary source of revenue for Rocky Brands, Inc.?

The primary source of revenue for Rocky Brands, Inc. comes from its Wholesale segment.

What recent achievements has Rocky Brands, Inc. accomplished?

Recent achievements include expanded product lines, enhanced global distribution capabilities, and strategic partnerships.

What is the mission of Rocky Brands, Inc.?

The mission of Rocky Brands, Inc. is to grow through innovative product development and strategic marketing to provide premium products and enhance consumer experiences.

Do they have any international offices?

Yes, Rocky Brands, Inc. has international offices and facilities in Canada, China, Puerto Rico, and the Dominican Republic.

Rocky Brands, Inc.

Nasdaq:RCKY

RCKY Rankings

RCKY Stock Data

168.75M
6.96M
6.6%
74.84%
1.27%
Footwear & Accessories
Footwear, (no Rubber)
Link
United States of America
NELSONVILLE