Poor quarter for Rocky Brands
Designer, manufacturer and marketer of premium quality footwear and apparel Rocky Brands, Inc. has posted mixed financial results for its third quarter ended September 30.
Net sales increased 5.4% to $82.3 million compared with $78.1 million in the prior-year quarter, while net income totalled $1.1 million, down from $4.2 million a year ago.
Based on actual third quarter results, the company is now expecting 2007 net sales to be approximately $280 million compared with its previous guidance of approximately $277 million.
Its brands include Rocky Outdoor Gear, Georgia Boot, Durango, Lehigh.