RCKY’s 280 basis points of gross margin expansion helped more than double net income to $3,251,111 from $1,495,941 in the first quarter despite 3% lower sales at $61,386,673 vs. $63,072,954. The higher margins, now 34.2% overall, were boosted by a 32% gain in high-margin commercial military boot sales, which more than offset lower contract military sales. Outdoor boot sales were up 20% and western gained 34% driven by Durango, but ... Log in to view full article.