{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-029762","form_type":"8-K","ticker":"RCKY","cik":"0000895456","company_name":"ROCKY BRANDS, INC.","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.323114+00:00","generated_at":"2026-06-09T03:48:24.763277+00:00","sec_items":["1.01","2.03","2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Rocky Brands Q3 net income up 20% to $6.8M; adjusted EPS $1.09; debt down 24.9% YoY","bullets":["Net sales $125.6M, down 14.8% YoY (adjusted -12.7%); wholesale -17.4%, retail +4.7%.","Gross margin 37.0% (+180bps); operating income $14.3M (+22.8%); net income $6.8M ($0.93/diluted).","Adjusted net income $8.0M ($1.09/diluted) vs $5.5M ($0.74) a year ago.","Inventories down 26.5% to $194.7M; total debt down 24.9% to $213.9M.","Entered amendments to ABL and Term Loan agreements for EBITDA adjustments, pricing grid, and leverage ratio changes through June 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-029762","json":"https://secwatch.observer/filing/0001437749-23-029762.json","markdown":"https://secwatch.observer/filing/0001437749-23-029762.md","text":"https://secwatch.observer/filing/0001437749-23-029762.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/895456/000143774923029762/0001437749-23-029762-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/895456/000143774923029762/rcky20230816_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T03:48:24.763277+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5272e0abd3a6c91ee9aa6ec0903f0df7c9e2c564","claim":"ROCKY BRANDS, INC. amended term loan with TCW Asset Management Company LLC at adjust the performance pricing grid.","evidence_excerpt":"on October 31, 2023, the Company and TCW entered into a Sixth Amendment to the Term Loan Agreement (\"Term Loan Amendment\"), among other things, to provide certain EBITDA adjustments with respect to its financial covenants, adjust the performance pricing grid, and adjust the total leverage ratio periodically through June 30, 2025.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/895456/000143774923029762/0001437749-23-029762-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Counterparty","value":"TCW Asset Management Company LLC"},{"label":"Rate","value":"adjust the performance pricing grid"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"6d4c0f54b8e9a02b6a792081e9e918a1d97db095","claim":"ROCKY BRANDS, INC. amended credit facility with Bank of America, N.A. at adjust the performance pricing grid.","evidence_excerpt":"On October 31, 2023, the Company entered into a Fifth Amendment to the ABL Loan Agreement (\"ABL Amendment\") to provide certain EBITDA adjustments with respect to its financial covenant.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/895456/000143774923029762/0001437749-23-029762-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"adjust the performance pricing grid"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"da1d6ded6266a0572024146060ca37b4f1bbc0b2","claim":"ROCKY BRANDS, INC. reported third quarter ended September 30, 2023 results: revenue $125.6 million, net income $6.8 million, EPS $0.93 per diluted share.","evidence_excerpt":"1, 2023 – Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its third quarter ended September 30, 2023. Third Quarter 2023 Overview ● Net sales were $125.6 million, a decrease of 14.8% (or 12.7% on an adjusted basis) ● Wholesale segment sales decreased 17.4% (or 14.9% on an adjusted basis) ● Retail segment sales increased 4.7% ● Gross","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/895456/000143774923029762/0001437749-23-029762-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$125.6 million"},{"label":"Net income","value":"$6.8 million"},{"label":"EPS","value":"$0.93 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}