Our vision is to become a global leader in the apparel and footwear markets with increasingly profitable organic sales growth. The Rocky Brands family of brands includes Rocky Georgia Boot Durango The Original Muck Boot Company XTRATUF Servus NEOS Ranger and Lehigh Outfitters. We market compelling brands with innovative product lines that enhance consumers life experiences resulting in a lifetime loyalty to Rocky Brands Inc. We are focused on growing our brands through product innovation targeted sponsorships and social interaction with our consumers. we design develop manufacture and market premium quality footwear and apparel. The global Rocky Brands team operate in offices and facilities in Canada China Australia United Kingdom Puerto Rico Dominican Republic and more. The Global Headquarters located in the historic town of Nelsonville OH employs about 400 residents with more than 2800 employees worldwide including offices in Westwood MA our own factory in Rock Island IL and several international locations. NASDAQ: RCKY has grown into a global enterprise with distribution to more than 70 countries. Since its inception in 1932 Rocky Brands Inc. The firm set a 52-week low on Octoat $18 and set a 52-week high on at $41.27. Before the report, Rocky Brands Inc received a Long-Term Technical Rank by InvestorsObserver of 44, putting it in the bottom half of stocks. Rocky Brands Inc has performed a little below average during the past few months. Over the past two decades we have had the freedom to innovate, experiment, and test our products in every single elementbecause outside, there are way more than four seasons. InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading. And The Original Muck Boot Company was born providing 100 waterproof boots and footwear that withstand the muckiest situations in every season. Wall Street Analysts had an average rating of Buy on the stock prior to the report. The firm's higher revenue growth to earnings signals that the firm has not been able to reduce costs and has seen its profit margin decrease. The stock is down 21.41% to $22.25 after the report. That represents a 33.88% decrease in revenues from the year-ago report and is 11.21% lower than consensus estimates set at $124.4 million. Revenues were downbeat at $110.4 million. Remember, earnings reported were on an adjusted basis, so they may not be comparable to prior reports and/or analyst estimates. The firm's earnings are down 111% since reporting $1.1 per share in the same period a year ago.
Rocky Brands Inc's earnings came in at an EPS loss of $0.12 per share, 340% lower than estimates for an EPS of $0.05 per share. Wednesday, Rocky Brands Inc ( RCKY) reported downside earnings and revenues today.
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