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Article Date: July 2024
Word Count: 370

Rocky Brands Sees Results Improving


Net loss narrowed by half to $1,243,000 from a loss of $2,715,000 on a 2% decline in sales to $98,258,000 from $99,822,000 for the second quarter as the company lapped non-recurring Servus manufacturing sales. Other top line headwinds included less revenue from military contracts and impacts of the Canadian distributor model change last Nov., but on an organic basis, revenues were up 6%. Durango and Xtratuf led with double-digit gains across channels, offsetting expected softness from other brands. Retail (DTC) sales for the second quarter increased 4% (+6% adjusted) to $26.1 ... Log in to view full article.

 


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