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Article Date: August 2021
Word Count: 190

Rocky Revenues Jump from Acquired Brands


RCKY’s bottom line increased 60% in the second quarter to $3,895,000 from $2,442,000 as revenues more than doubled to $131,602,000 from $56,186,000, including $50.1 million in incremental sales from Muck Boot, XTRATUF and the other brands acquired from Honeywell in Mar. Wholesale segment sales grew 195% to $101.1 million, while the retail segment was up 37% to $22.3 million, and contract military sales increased 46% to $8.1 million. Gross margin expanded 270 basis points to 37.4%, and would have been 39.1% excluding a $2.3 million adjustment related to the acquired brands’ inventory, with the gains ... Log in to view full article.

 


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