Rocky Brands Q3 net sales jump 61% to $125.5M, net loss $0.4M, adjusted EPS $0.34

ROCKY BRANDS, INC.

2021-Q3 EPS reported $1.08 revenue$344,776,000

Net sales $125.5M, up 61.4% YoY; includes $41.6M from Boston Group acquisition.
Net loss $(0.4)M or $(0.05) per share; adjusted net income $2.5M or $0.34 per share.
Wholesale +70.3% to $96.0M; Retail +35.3% to $21.8M; Contract Mfg +45.1% to $7.7M.
Gross margin 37.4% vs 38.4% prior year; adjusted gross margin 38.1%.
Fulfillment challenges in Ohio DC; new Reno, NV DC went live in early October.

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