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Mar 31, 2022
Rocky Brands Q1 2022 Earnings Report
Rocky Brands' first quarter was marked by a significant increase in net sales and operating income, driven by the acquisition of the Boston Group and strong demand for its brands.
Key Takeaways
Rocky Brands reported a strong first quarter with net sales increasing by 90.5% to $167.0 million. Operating income also saw a substantial increase of 100.5% to $13.2 million. Net income increased by 63.4% to $7.3 million, or $0.99 per diluted share.
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.
Net income increased 63.4% to $7.3 million, or $0.99 per diluted share.
Revenue by Segment
Forward Guidance
Rocky Brands anticipates gaining further efficiencies and managing inventories down to more normalized levels.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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