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-0.00582822085889564 -0.00582822085889564 -0.00904907975460128 -0.00889570552147237 0.0150306748466258 0.0150306748466258 0.0150306748466258 0.0150306748466258
Stock impact report

Rocky Brands (RCKY) Q1 Earnings & Sales Beat Expectations [Yahoo! Finance]

Rocky Brands, Inc. (RCKY) 
Last rocky brands, inc. earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: rockybrands.com/investors
Company Research Source: Yahoo! Finance
The company's success story hinges around the cost-saving measures implemented throughout 2023, which enabled it to allocate more funds toward advertising programs. The advertising programs facilitated stronger-than-expected growth in the quarter and resulted in expense leverage. Amid the macroeconomic instability, management is still optimistic about generating improved profitability and increasing shareholders' value throughout 2024. The stock has outperformed the industry in the past six months. Shares of the company have gained 76.3% as against the industry's decline of 7.5%. Image Source: Zacks Investment Research Q1 Details Rocky Brands, the leading footwear and apparel designer, delivered adjusted earnings of 41 cents per share, which significantly surpassed the Zacks Consensus Estimate of 2 cents. Additionally, the bottom line reflected a considerable improvement from an adjusted loss of 12 cents per share reported in the year-ago period. Net sales of $112.9 million Show less Read more
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