---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-005899"
form_type: "8-K"
ticker: "RCKY"
cik: "0000895456"
company_name: "ROCKY BRANDS, INC."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T10:01:55.275412+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Rocky Brands Q4 net sales down 9.3% to $126M; full-year sales fall 25.0%

## Summary
- Q4 GAAP EPS $0.91 vs $0.89 a year ago; adjusted EPS $0.98 vs $1.08.
- Full-year net sales $461.8M (-25.0% YoY); net income $10.4M ($1.41) vs $20.5M ($2.78).
- Total debt reduced 32.6% to $175.0M; inventories down 28.1% to $169.2M.
- Wholesale segment sales fell 30.5% for the year; Retail segment sales up 1.4%.
- Interest expense rose to $22.7M from $18.3M; effective tax rate increased to 26.3%.

## SEC filing metadata
- accession: 0001437749-24-005899
- form_type: 8-K
- ticker: RCKY
- cik: 0000895456
- company_name: ROCKY BRANDS, INC.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895456/000143774924005899/0001437749-24-005899-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895456/000143774924005899/rcky20231120_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-005899
- JSON: https://secwatch.observer/filing/0001437749-24-005899.json
- Plain text: https://secwatch.observer/filing/0001437749-24-005899.txt

## Key facts
- Earnings Releases
  ROCKY BRANDS, INC. reported year ended December 31, 2023 results: revenue $461.8 million, net income $10.4 million, or $ 1.41 per diluted share, EPS $1.41 per diluted share.
  - Period: year ended December 31, 2023
  - Revenue: $461.8 million
  - Net income: $10.4 million, or $ 1.41 per diluted share
  - EPS: $1.41 per diluted share
  - Result: reported results
  source text: $6.7 million, or $0.91 per diluted share ● Adjusted net income decreased 8.3% to $7.3 million, or $0.98 per diluted share Full Year 2023 Overview ● Net sales decreased 25.0% to $461.8 million ● Wholesale segment sales decreased 30.5%; Retail segment sales increased 1.4% ● Operating income decreased 19.7% to $35.4 million ● N et income decreased 49.1% to $10.4 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/895456/000143774924005899/0001437749-24-005899-index.htm
- Earnings Releases
  ROCKY BRANDS, INC. reported fourth quarter ended December 31, 2023 results: revenue $126.0 million, net income $6.7 million, or $0.91 per diluted share, EPS $0.91 per diluted share.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $126.0 million
  - Net income: $6.7 million, or $0.91 per diluted share
  - EPS: $0.91 per diluted share
  - Result: reported results
  source text: Inc. (NASDAQ: RCKY) today announced financial results for its fourth quarter and year ended December 31, 2023 . Fourth Quarter 2023 Overview ● Net sales decreased 9.3% to $126.0 million ● Wholesale segment sales decreased 13.3%; Retail segment sales increased 1.5% ● Operating income increased 8.2% to $14.7 million ● Net income increased 3.0% to $6.7 million, or
  evidence_url: https://www.sec.gov/Archives/edgar/data/895456/000143774924005899/0001437749-24-005899-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.