Rocky Brands (RCKY) Tops Q4 EPS by 45c
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Rocky Brands, Inc. Announces Fourth Quarter and Full Year 2022 Results
February 23, 2023 4:05 PM ESTNELSONVILLE, Ohio--(BUSINESS WIRE)-- Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its fourth quarter and year ended December 31, 2022.
Fourth Quarter 2022 Overview
Net sales decreased 18.0% to $138.9 million Wholesale segment sales decreased 26.6%; Retail segment sales increased 40.8% Operating income decreased 25.2% to $13.6 million Net income decreased 48.1% to $6.5 million, or $0.89 per diluted share Adjusted net income decreased 42.4% to $7.9 million, or $1.08 per diluted shareFull Year 2022 Overview
Net sales increased 19.7% to $615.5... More