Poor quarter for Rocky Brands

23/10/2007

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.