All Rocky Brands articles – Page 2
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ArticleRocky Brands Q3 hit by warehouse congestion after brands acquisition
In the third quarter, Rocky Brands suffered congestion issues at its Ohio warehouse as well as a surge in operating and interest costs due to the integration of Honeywell International’s performance and lifestyle footwear business. In the period ended Sept. 30, the U.S. footwear company reported “temporary fulfillment challenges” and ...
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ArticleRocky Brands confident to grow 20% in 2021
The American footwear company Rocky Brands is “pretty confident” to increase sales by 20 percent this year after the top line rose by 57.3 percent to $87.7 million in the first quarter. During the Baird 2021 Global Consumer, Technology Services conference, the company’s CEO Jason ...
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ArticleRocky Brands reports higher Q1 revenues, net income
U.S.-based footwear and apparel maker Rocky Brands reported soaring first-quarter revenues and net income on the back of strong demand from its wholesale and direct-to-consumer channels. The company said revenues for the three months to March 31 rose by 57.3 percent to $87.7 million. Wholesale segment sales increased by ...
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News briefsRocky Brands closes Honeywell footwear’s takeover
Rocky Brands has completed its $230 million acquisition of the performance and lifestyle footwear operations of Honeywell International , noting that it will be immediately accretive to its own results. The business, which includes The Original Muck Boot Company and the Xtratuf, Servus, NEOS and Ranger ...
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ArticleRocky Brands ends 2020 with strong profits
Rocky Brands ’ net income surged by 91.1 percent in the fourth quarter to $9.7 million, which includes $0.7 million related to the pending acquisition of the performance and lifestyle footwear business of the U.S. conglomerate Honeywell International for $230 million. The deal is expected to close by the ...
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ArticleRocky Brands buys footwear brands from Honeywell for $230m
Rocky Brands has agreed to acquire the performance and lifestyle footwear business of the U.S. conglomerate Honeywell International for $230 million. The deal is expected to close in the first quarter of 2021. The assets acquired are The Original Muck Boot Company , XTRATUF , Servus , ...
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ArticleRocky Brands’ Q3 profits up by 36%
As the wholesale channel bounced back after a decline in the second quarter, Rocky Brands ’ net income rose by 36.0 percent to $7.6 million in the third quarter, on revenues that progressed by 15.8 percent from the year-ago quarter to $77.8 million. The management highlighted strong demand for ...
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Article
Rocky Brands’ momentum continues
After several quarters of good results, Rocky Brands ended the year on a high, scoring a net income increase of 41.0 percent for the fourth quarter to $5.1 million, on revenues that went up by 12.1 percent to $75.3 million, both exceeding analysts’ forecasts. The management attributed the significant ...
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